The Family Firm Blog

Medicare Open Enrollment Season: October 15 through December 7

Posted by Stephen Daly on 10/1/16 3:57 PM

 

The fall Open Enrollment is the time of year when Medicare beneficiaries can make changes to their Medicare prescription drug plans, also known as Medicare Part D coverage.

Medicare drug plans can make changes to their coverage each year including to things like: cost, coverage, and what providers and pharmacies are in their networks.  If you don’t request a change to your current Part D plan during the open enrollment period it is automatically renewed for the following year.

Many Part D participants are unaware that the cost for the exact same prescription can vary greatly between different plan providers.  To compare plans that are available in your area and see if you have a cost effective plan based on your prescription needs you can enter your drug information in to Medicare’s online plan finder by clicking here.

To learn more about the Open Enrollment period and the changes that you can make to your Medicare coverage click here.

 

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Topics: Medicare