Should I Change Plans During Open Enrollment Every Year?

Every fall, Medicare Open Enrollment rolls around (October 15 to December 7), and we start hearing the same question from people:

“Do I really need to look at my Medicare plan every year, or can I just leave it alone?”

Let’s bust some common myths and set the record straight.

Myth #1: Once I pick a plan, I’m locked in forever.

Fact: You can review and change your Medicare Advantage or Part D plan every year during Open Enrollment. This is your chance to adjust your coverage if your needs have changed or if your plan’s costs or benefits are shifting.

Myth #2: My plan worked fine this year, so it’ll be the same next year.

Fact: Medicare plans change every year.Your premium might go up.Your medications might move to a different pricing tier.Your doctor or pharmacy might leave the network.Even if you’re happy now, it’s worth checking to make sure nothing will catch you off guard next year.

Myth #3: Reviewing plans is complicated and time-consuming.

Fact: You don’t have to do it alone.We help folks like you review your plans every fall, and often, a quick check is all it takes. Sometimes staying put is the best choice — but sometimes switching plans can save you hundreds of dollars or provide better coverage for your current needs.

Myth #4: If I switch, I’ll lose my coverage or face penalties.

Fact: You have guaranteed rights during Open Enrollment to change your Medicare Advantage or Part D plan without losing coverage or facing penalties.(Important note: If you have a Medigap plan, the rules for switching are a little different — ask us if you want to explore this.)

Why Bother Reviewing Every Year?

✅ Save money — premiums, copays, and drug prices change yearly

✅ Get better coverage — plans may add or drop benefits

✅ Stay current — make sure your doctors, hospitals, and pharmacies are still in network

Bottom Line

Open Enrollment isn’t about making changes just for the sake of it — it’s about making sure your Medicare plan still fits you.

Even if you end up staying in the same plan, reviewing your options each fall gives you peace of mind and can save you money or headaches in the year ahead.

If you want help reviewing your coverage this Open Enrollment, we’re here to guide you through it. Let’s make sure you’re set up for a healthy, confident year.