If you're 65 or older, make sure the Medicare Part D open enrollment period for 2020 is on your calendar:
October 15 through December 7, 2019
What You Need to Know
If you’re 65 or older, make sure Medicare Open Enrollment is on your calendar. It is an important time of year to review your current medical coverage and healthcare needs — and select the most appropriate Medicare plan for the new year. Even if you’re already enrolled in Medicare, it’s still a good idea to review your plan, since coverage — and your health needs — may change from year to year. If you will become eligible for Medicare coverage for the first time in 2020, now is a good time to start learning about the different types of Medicare (i.e., Medicare Part A, Part B, Part C, and Part D), and what this means for you. The open enrollment period for Medicare 2020 begins on October 15, 2019 and ends on December 7, 2019. Here’s what you need to know about Medicare — especially Medicare Part D open enrollment.
Follow These Steps to Choose the Best Medicare Part D Plan for You
Compare drug services
Compare monthly costs
Compare the deductibles
Compare your copays
Starting in November, we will be able to do the plan evaluation for you at Courtyard Pharmacy. Schedule a time and come in for your complimentary personalized Medicare Part D plan analysis.
2020 Medicare Part D Changes
Significant changes are coming to Medicare Part D in 2020. In the new year, you can expect increased drug savings and lower premiums, according to the U.S. Centers for Medicare & Medicaid Services (CMS).
However, the biggest changes will be to Medicare Part D deductibles, out-of-pocket costs and copayments.