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See how to find and compare Medicare Part D Prescription Drug Plans. With plans changing for the upcoming calendar year it is a wise choice to learn how to compare plans. Review plan options yearly during Open Enrollment, which is October 15th thru December 7th. Have you had medication changes? Is your medication covered by a Part D plan? What do you need to have to compare Part D plans? What should you look for when comparing Part D plans? This video was created to educate and answer these questions and more.
See more about the Medicare Part D Enrollment Penalty by viewing:
Some Medicare Part D changes for 2017 include a maximum deductible (if a Part D plan has) of $400.00. $3,700 Initial Coverage Limit before the Donut Hole, and $4,950 in True out-of-pocket expenses. The Donut Hole percentages are decreasing where you will spend 40% of the cost of name brand drugs and 51% of the cost of generic drugs.* See an illustration on how the Donut Hole works by viewing .
*Applies only to drugs covered by Part D plan.
Don’t assume medications that were covered this year will be covered next year for the same cost. Compare Part D Plans so you can find the right coverage for yourself.