US Seniors Can Avoid Coverage Mistakes

Enrollment timing matters: initial coverage starts around age 65, and missed windows can trigger penalties that get costlier the longer you wait.
Special enrollment events include retirement, coverage loss, moving, leaving an institution, or losing paired public coverage. Build a calendar to protect options.
Drug coverage and supplemental policies deserve early review. Waiting can mean higher future premiums, coverage gaps, or fewer options if health needs change.
Private plan extras can help, but details matter: benefits may change, networks can be limited, and formularies should be checked regularly before renewal.
For 2026 budgeting, drug costs are capped at $2.1K, private-plan out-of-pocket maximums reach $9.25K, and assistance programs may help eligible households manage costs.