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Medicare's annual open enrollment period runs from October 15 to December 7, allowing beneficiaries to change their health and drug plans.
Premiums for traditional Medicare Part B are expected to see their largest increase since 2022, while the cost of some prescription drugs is set to decrease.
Enrollees must choose between original Medicare, which offers broad provider access but may have higher out-of-pocket costs, and Medicare Advantage plans, which often have lower premiums but use a limited network of doctors.
Free assistance for navigating Medicare options is available through certified insurance brokers and state programs like SHINE.
For 2026, premiums for plans will take their largest since 2022, but the cost of some are dropping.
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