Medicare Open Enrollment: What Allworth Clients Need to Know

Each fall, Medicare Open Enrollment offers an opportunity to take a fresh look at your health-care coverage for the year ahead. Even if you are comfortable with your current plan, changes to benefits, prescription coverage, provider networks, and costs can make an annual review worthwhile.

Health-care coverage is one part of a broader retirement plan. The decisions you make can affect your expected expenses, cash flow, and how you plan to use your savings over time.

To provide additional support during this process, Allworth Financial is partnering with Integrity.

Medicare Fall Open Enrollment runs October 15 through December 7. Whether you’re happy with your current plan or thinking about a change for 2027, here’s what to know — and how Integrity’s VIP Concierge Services can help, at no cost to you

Personalized help is just a phone call away

As an Allworth Financial client, you have access to Integrity’s VIP Concierge Services — a team of licensed Medicare specialists who can walk you through your options in plain language, compare plans side by side, and help you enroll with confidence. It’s a free, no-obligation service built to make Medicare simple.

Medicare changes for 2027

A few notable updates worth reviewing this year:

• Higher prescription drug cap. Part D drug plans are getting a modest bump in the out-of-pocket cap, rising from $2,000 to $2,400 for 2027.
• Possible premium increases. A federal subsidy that helped keep Part D premiums low is ending, which may lead to higher monthly premiums for many standalone drug plans and some Medicare Advantage plans.
• Advantage plan benefits may shift. Medicare Advantage plans can change their benefits, provider networks, and drug formularies each year. A plan that worked well in 2026 may look different for 2027.
• Medicare Supplement (Medigap) stays consistent. Medigap benefits are standardized and don’t change year to year, but premiums can still shift based on your age, location, and insurer.

This is why it’s worth reviewing the Annual Notice of Change (ANOC) mailed by your current plan, even if you don’t think you want to switch.

What to consider as you review your coverage

As you compare your options, consider more than just the monthly premium:

• Whether your preferred doctors, specialists, hospitals, and pharmacies will remain available
• Whether your prescriptions are still covered and what they may cost
• Changes to deductibles, copayments, coinsurance, or out-of-pocket limits
• Whether your health needs, expected procedures, or travel plans could affect the coverage that makes sense for you
• Whether plan requirements, such as referrals or prior authorization, could affect your care

Reviewing your coverage does not necessarily mean making a change. In many cases, the right decision may be keeping your current plan after confirming it still meets your needs.

Key dates and action items

• October 15 – December 7: Medicare Fall Open Enrollment is open.
• January 1, 2027: Any changes you make take effect.
• Review your ANOC letter to see what’s changing with your current plan.
• Call Integrity’s VIP Concierge Services before December 7 to compare your options.

Support doesn’t end when enrollment does

Your dedicated Medicare specialist is available well beyond this enrollment period. As your health needs or circumstances change throughout the year, you can reach out for guidance — and they’ll be ready to help again when the next Open Enrollment comes around.

Ready to review your coverage?

Call (833) 958-8434 (TTY 711) or visit Integrity.com/allworth-financial to speak with a licensed Medicare specialist.

This information is meant for educational purposes and not as direct tax or legal advice. Rules and regulations can shift anytime, so it’s always best to consult a qualified tax advisor, CPA, or attorney for guidance tailored to your specific situation.