Top 5 Medicare Mistakes, and how to Avoid them

Top 5 Medicare Mistakes and How to Avoid Them

By Jackson Insurance Group – London, KY

Choosing a Medicare plan can feel overwhelming, especially with dozens of plan options, enrollment deadlines, and rules that can impact your coverage and costs. Many beneficiaries unintentionally make mistakes that lead to higher expenses or gaps in coverage — but the good news is that these mistakes are completely avoidable with the right guidance.

Here are the Top 5 Medicare Mistakes we see people make every year — and how you can avoid them.

1. Missing Important Enrollment Deadlines

One of the biggest Medicare mistakes is simply enrolling too late. Missing your Initial Enrollment Period or waiting past the Annual Enrollment Period can lead to:

• Late enrollment penalties

• Delayed coverage

• Fewer plan options

How to Avoid This:
Mark your Medicare Enrollment periods on your calendar early. If you’re unsure when you qualify, speak with a licensed Medicare agent who can confirm your timelines and help you avoid costly penalties.

2. Assuming Your Current Plan Still Fits Your Needs

Many beneficiaries choose a Medicare plan once and then stay with it for years — even though their health needs, prescriptions, or provider networks may change.

How to Avoid This:
Review your Medicare coverage every year during the Annual Enrollment Period (Oct. 15–Dec. 7). A quick review could save you hundreds or even thousands of dollars per year, especially if:

• Your prescriptions have changed

• Your preferred doctor is no longer in-network

• A better plan becomes available in your county

At Jackson Insurance Group, we evaluate these changes for free to ensure you’re still on the best plan.

3. Not Checking Prescription Drug Coverage

Medicare Part D and Medicare Advantage plans change their formularies every year. A drug that was affordable last year may suddenly move into a higher tier, raising your out-of-pocket costs.

How to Avoid This:
Have your prescriptions reviewed annually. We run full plan comparisons to make sure your medications are covered at the lowest possible cost.

4. Confusing Medicare Advantage and Medigap

Many people believe Medicare Advantage and Medigap plans are the same — but they work very differently. Choosing the wrong type can lead to coverage gaps or higher-than-expected costs.

• Medicare Advantage (Part C): Combines hospital, medical, and often prescription coverage. May include dental, vision, and hearing benefits.

• Medigap: Helps pay the out-of-pocket costs of Original Medicare but does not include Part D or extra benefits.

How to Avoid This:
Talk with an independent agent who can explain both options and help you compare costs side-by-side based on your health needs and budget.

5. Not Working With an Independent Medicare Agent

Medicare is complex — and trying to navigate it alone often leads to missed savings, incorrect plan choices, or misunderstandings about coverage.

Working with a local, independent agent gives you access to:

• Multiple insurance carriers

• Side-by-side plan comparisons

• Help understanding benefits

• Support with claims and coverage questions

How to Avoid This:
Before enrolling, consult with a trusted Medicare professional who represents multiple companies — not just one. At Jackson Insurance Group, we review your doctors, prescriptions, and coverage needs to help you find the plan that fits best.

Final Thoughts

Medicare doesn’t have to be confusing — and avoiding these common mistakes can save you time, stress, and money. Whether you’re enrolling for the first time or reviewing your current coverage, professional guidance can make all the difference.

If you need help choosing the right Medicare plan, understanding your enrollment window, or comparing options, Jackson Insurance Group is here to help.

📍 1340 S Laurel Road, Unit 207, London, KY 40744
📞 (606) 249-6880
🌐 jigky.com
📅 Schedule an appointment online anytime