While it is true that sometimes having a larger budget comes from having a higher income, at other times this advantage can come from spending less money month to month. And in the United States, one of these savings can come from Social Security and Medicare, since different plans have different prices.
In this sense, if we choose the Medicare Advance plan we are going to pay more money per year, something that can be too high an expense for many Americans. Therefore, controlling this at the time we start getting Social Security can mean a very considerable annual savings. So we should go over everything related to our retirement check and the Medicare plan that best fits our lifestyle.
How long can I switch Medicare with Social Security?
The Social Security Administration has announced that we can change our Medicare plan until January 31st. So, we still have plenty of time to make the necessary changes. Still, if you are considering doing so, it is best to check all the conditions as soon as possible to avoid running out of time and finally not being able to make the desired change.
Be that as it may, check with caution all the advantages offered by each plan. It is important to know what Medicare Advance offers and what Original Medicare offers. In case we want to change, we can also add the desired Drug Plan to our Original Medicare, something that can help us in our day-to-day economy.
From January 1 – March 31, if you’re in a Medicare Advantage Plan, you can switch plans or return to Original Medicare and join a separate Medicare drug plan. Find out more: https://t.co/0Fq4sPeHBp
— Social Security (@SocialSecurity) January 13, 2025
Through the official Medicare website we will be able to know all the details about each plan, as well as we will be able to change if we have an online account. For any doubt, go to one of the offices or contact by phone to get the corresponding help.