Medicare routinely advises seniors to rent home medical equipment when it would be far less expensive if they bought it. Medicare, the government health program for seniors, isn’t alone in this practice. Some private insurers do the same thing.
If you're a senior on Medicare — or an adult child responsible for a senior on Medicare — here's something you should know: The annual "open enrollment" period for joining or changing prescription drug or private health plans is already under way.
"It's much earlier this year. It started on Oct. 15, and it's going to stop on Dec. 7," says Nancy Metcalf, a senior editor and health expert at Consumer Reports. "So you have your window right now."