Open enrollment for Medicare Part D — the prescription drug benefit for Medicare beneficiaries — is Oct. 15 through Dec. 7. Prior to enrolling, beneficiaries should evaluate their current plan and consider making any changes that will take effect Jan. 1, 2018. Only a few special circumstances allow for changes beyond the dates of open enrollment, so it’s important for beneficiaries to consider everything beforehand.
- Monthly premiums for each plan will likely change
- Your medication list may have changed in the last year
- Drugs covered by the plan may change and the cost sharing may change
- You may be eligible for the “extra help” offered to pay premiums and reduce co-pay amounts
Use the Medicare Plan Finder to view a clear comparison of your current plan with other plans available in 2018.