Financial Partners discuss annual Medicare election period

Open enrollment set to begin
Published: Oct. 16, 2023 at 7:33 AM CDT|Updated: Oct. 16, 2023 at 3:02 PM CDT
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WICHITA FALLS, Texas (KAUZ) - Kelly Fristoe with Financial Partners joined us in the studio to talk about the Medicare Annual Election Period.

Open Enrollment starts October 15 through December 7.

This is an important time for Medicare Beneficiaries to consider coverage options and Prescription Drug Plan options for the 2024 calendar year.

It’s an important time for seniors as well to discuss Open Enrollment for the Affordable Care Act coverage options.

People who have no health insurance can use this period of time to elect coverage.

Most people with incomes of less than 250% of the Federal Poverty Level are able to get coverage at no cost to them due to their ability to be eligible for financial assistance that pays for their coverage.

This is a great time to communicate and to let people know what their options are and that there are many local professionals in the community who help people with this free of charge.