How to switch Medicare plans — and why you might want to

Medicare open enrollment starts soon, but 7 in 10 Medicare beneficiaries say they don't compare Medicare plans during this period, according to a 2021 analysis by KFF, a health policy nonprofit.

That's not great, since Medicare Advantage plans — which operate much like the private insurance you may have had through an employer — change from year to year. One of your doctors may have fallen out of network or your prescription drug prices may have gone up. And people with Original Medicare should compare their Part D prescription drug coverage.

Here's how to approach switching Medicare plans.