Why is Medicare Open Enrollment Important For You?
Medicare Advantage and Prescription Drug Plan Annual Enrollment Period is from October 15 to December 7. During this time, you have the opportunity to switch to a new plan, which will take effect on January 1st. As plans change their prescription pricing from year to year, your current plan may not be the most affordable option once the new year begins. Choosing the right plan can result in significant annual savings. While you are under no obligation to change plans, it is recommended that you evaluate all of your options to find the plan that best suits your needs.
Save an average of $1,166/ year
You can enroll in Original Medicare Parts A and B (hospital and outpatient medical coverage) along with a stand-alone Medicare Part D (drug coverage) plan, also known as a PDP. With the latter option, you can also enroll in a Medigap Supplement plan. Medigap supplements work alongside Original Medicare to help cover any medical deductibles or copays. Alternatively, you can enroll in a Medicare Advantage Plan (Part C), also known as MA-PDPs, which combine health and drug coverage under one plan. Advantage plans frequently cover other benefits such as hearing, vision, and dental. In most cases, you would need to continue paying your Part B monthly premium
are now eligible to enroll in a Medicare plan. Your eligibility period is a seven-month window that begins three months before your birthday and runs through the three months after you turn 65. If you don’t sign up within this period, you can still enroll during Open Enrollment. But note that this delay may result in a monthly penalty, depending on your birth month, which will continue indefinitely as long as you are on Medicare Part D. Medicare Open Enrollment is from October 15 to December 7 every year. During this period, you have the opportunity to switch Medicare plans or enroll in a new plan. If you change plans, your new coverage will begin on January 1 of the new year.
You can enroll in Original Medicare Parts A and B (hospital and outpatient medical coverage) along with a stand-alone Medicare Part D (drug coverage) plan, also known as a PDP. With the latter option, you can also enroll in a Medigap Supplement plan. Medigap supplements work alongside Original Medicare to help cover any medical deductibles or copays. Alternatively, you can enroll in a Medicare Advantage Plan (Part C), also known as MA-PDPs, which combine health and drug coverage under one plan. Advantage plans frequently cover other benefits such as hearing, vision, and dental. In most cases, you would need to continue paying your Part B monthly premium
What are my options when enrolling in Medicare?
How Can Fisherville Pharmacy Help?
Fisherville Pharmacy uses an online platform known as Amplicare to provide patients with plan comparisons during open enrollment. Fisherville Pharmacy will verify your information with you including what medications you are currently taking and then provide you with the best Medicare Part D as well as Medicare Advantage plans for the coming year. We provide the top three plan comparisons for both Medicare Part D and Medicare Advantage. These comparisons are mailed to you for you to review on your own time. If you have additional questions regarding the plan comparison we will schedule a phone consultation. Once you feel confident and decide on a plan you can enroll either online with the unique access codes provided or over the phone.
Schedule a Phone Consultation*
*Please note that phone consultations should only be scheduled once you have received your medicare plan comparisons from Fisherville Pharmacy in the mail.