For many older adults and people with limited incomes, prescription drug costs can take up a large part of their monthly budget. Programs that offer low-cost or even $0 prescription copays have long been essential for Medicare beneficiaries. However, with the end of Medicare’s Value-Based Insurance Design (VBID) model in 2025, many people are wondering how their drug costs may change.
Each year, about one in three adults over age 65 experiences a fall, according to the National Institute on Aging. With changes in balance, vision, and muscle strength, bathrooms can be especially dangerous for seniors. A simple fall can cause serious injuries and impact independence — but small home modifications can make a big difference in preventing accidents.
If your mailbox has been filling up lately with Medicare plan offers, you’re not alone. The Medicare Annual Enrollment Period (AEP) runs from October 15 through December 7, and it’s your once-a-year opportunity to review and, if needed, change your Medicare coverage.
Each fall, Medicare beneficiaries start receiving a flood of information about their coverage options. This is meant to help you prepare for the Medicare Annual Enrollment Period (October 15 – December 7) — your once-a-year opportunity to review and adjust your Medicare plan.
Your Medicare plan may automatically renew at the start of each year, but that doesn’t mean your benefits will stay the same. Insurance companies regularly review and adjust their Medicare plan offerings — sometimes changing coverage, costs, or available benefits.