There are several common misconceptions about senior health insurance, including the belief that Medicare covers all healthcare costs, that long-term care is covered by Medicare, and that you can’t switch plans once you’ve enrolled in Medicare.

No, Medicare does not cover all healthcare costs for seniors. There are out-of-pocket costs such as deductibles, copayments, and coinsurance that beneficiaries are responsible for paying. Additionally, Medicare does not cover long-term care services or dental, vision, and hearing care.

No, Medicare does not cover long-term care services such as assistance with activities of daily living in nursing homes, assisted living facilities, or at home. Seniors may need to purchase long-term care insurance or rely on Medicaid to cover these costs.

Yes, seniors can switch Medicare plans during the annual enrollment period from October 15 to December 7 each year. They can switch between Original Medicare, Medicare Advantage plans, and Medicare Part D prescription drug plans to better meet their healthcare needs.