Medicare Part D Information
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Medicare Part D open enrollment is here
You can make changes to your Medicare plans or enroll annually from October 15–December 7, the Open Enrollment Period.
Your Medicare plan benefits can change–including your prescription drug coverage, premiums, deductibles and pharmacy benefits–so it's a good idea to evaluate your Medicare Part D plan each year.
What to consider when evaluating plans
In addition to examining out-of-pocket costs and what your plan covers, a good place to start when considering your plan is whether you should enroll in a Prescription Drug Plan (PDP) or Medicare Advantage Prescription Plan (MAPD).
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What is PDP?
A Prescription Drug Plan (PDP) is a stand-alone plan offered by private insurance companies that only covers prescription drugs.
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What is an MAPD?A Medicare Advantage Prescription Drug Plan (MAPD) combines Parts A, B and D into a single plan offered by private insurance companies.
- Limits your hospital and medical deductibles, coinsurance and copays.
- May include extra benefits such as dental, vision and health clubs.
What to consider when evaluating plans
