Don't miss Medicare plan deadline Wednesday

Don't miss Medicare plan deadline Wednesday

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"JIM GALLAGHER jgallagher@post-dispatch.com 314-340-8390 | Posted: Sunday, December 4, 2011 12:05 am | No Comments Posted



Hey, old fellow. Wake up. Smell the Geritol. Get a move on.

Medicare's open enrollment period ends on Wednesday, which is earlier than in previous years. If you don't choose by then, you might be stuck for another year with the Medicare drug or Medicare Advantage plan you have now.

The greyer, balder, older and chubbier I get, the more I like my naps (when the boss isn't looking). But this is a deadline you shouldn't snooze through.

An Advantage plan is Medicare-subsidized private insurance that takes the place of traditional Medicare coverage, which doesn't cover the entire cost of hospitalization or doctor bills.

People with traditional Medicare often buy a "Medigap" supplement policy. Medigap plans can be switched at other times of the year. But if you want to move to an Advantage plan, or change your drug plan, you should act by Wednesday.

Read more: http://www.stltoday.com/business/local/don-t-miss-medicare-plan-deadline-wednesday/article_c9765d34-70db-5666-83b8-bd9f6577da0a.html#ixzz1fZg3zn

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note: read everything carefully before you sign up for these programs. freedom of choice is also freedom to get it stuck to you.