Choosing a Medicare plan is an important decision—and one that can feel overwhelming. Over the years, I’ve noticed a few common mistakes that many people make. The good news is that they can be avoided with a little guidance.

1. Not reviewing your plan each year

Many people assume that once they choose a plan, they’re set. However, Medicare plans can change annually. Premiums, drug coverage, and provider networks may all be different from one year to the next. Taking a few minutes each year to review your plan can help ensure it still meets your needs.

2. Focusing only on the monthly premium

A low premium can be appealing, but it doesn’t always mean lower overall cost. Copays, deductibles, and prescription drug costs can add up. It’s important to look at the full picture when comparing plans.

3. Not checking prescription drug coverage

Each plan has its own list of covered medications (called a formulary). If your prescriptions aren’t covered—or are placed in a higher-cost tier—you could end up paying more than expected. This is especially important here in Florida, where many individuals rely on ongoing medications.

In 2026, there are also some important updates to be aware of. Medicare Part D now includes a $2,100 annual cap on out-of-pocket prescription drug costs, which can provide meaningful financial protection for those with higher medication expenses.

The bottom line: Medicare decisions don’t have to be confusing—but they do benefit from careful review.

If you ever have questions or would like to take a closer look at your options, I’m always happy to help.

Nan Thornton

772-559-2794

thorntonnan2@gmail.com 

www.nanthornton.com