Picture this: Dad’s sitting around with his coffee buddies–
Why, I remember back in the day when Medicare Part D open enrollment ran from mid November through the end of December..
OK, a couple things: I’m not naive enough (usually) to assume you folks sit around talking about Part D (Medicare prescription coverage) enrollment—that’s part of what we do. And if you are, and by “back in the day” you mean last year, you are correct.
However: Beginning this year, the enrollment period changes to October 15th through December 7th. The period lasts a little longer and doesn’t get all wrapped-up in the Christmas holidays. Sounds like a good idea, but we have to remember that the former days of waiting until the end of the year isn’t going to work.
And, yes, I’m aware (most of the time) that this is August. I’m also aware that August seemed to get here pretty quickly, then comes September, school starting, and October rearing its head. Dates have a way of sneaking up on us, and this year October’s not just for Halloween anymore. (I’ll refrain from making comparisons of trick or treat with picking a Part D provider.)
For those who are new to the whole Medicare deal, as mentioned above, Medicare Part D is the prescription coverage piece, and it’s insurance—meaning that premiums can change. This isn’t the same thing as the house insurance you’ve had for the past thirty years, as the costs, availability and the prescriptions covered (formularies) can change from year to year.
Also, if you’re currently covered under another prescription plan, you should receive a letter from the company informing you that: 1. Your current plan meets or exceeds Medicare Part D coverage (and you won’t need to enroll in Part D); or 2. Your current plan is ending or the coverage does not meet the coverage provided through Medicare.
We’ll go into more detail as the time sneaks up on us, but know that you can get help at any of the numbers at the end of the column, or go directly to www.medicare.gov and follow links to drug plans and the Medicare Plan Finder. We can assist you in finding plans that best meet your needs, but we can’t recommend a specific plan. We can help find the top/best three options, but the choice is yours, as it should be.
As noted in previous column, who knows you better than you?
