If you are enrolled in a Medicare Advantage Plan or a Part D plan, look in your mailbox for your Annual Notice of Coverage, usually mailed in September. It will provide you with important information about changes in coverage that your plan is identifying for 2025. With so many changes in drug prices and access to physicians and hospitals, it is important to review and make an informed decision about your coverage options for next year. Questions to consider:
- Is your plan changing costs like premiums, deductibles, and copays?
- Is your plan changing its provider network?
- Is your plan changing its drug formulary that might affect coverage of your current prescriptions or their prices.
You don’t have to work through this alone – call our counselors for one-on-one assistance with a plan comparison during the Medicare Open Enrollment period, which runs from October 15th to December 7th.