Medicare’s Annual Enrollment

As Medicare Open Enrollment Nears, Here Are the Changes Medicare's Annual Enrollment Period begins Oct. 15. and runs through Dec. 7. This is the time to reassess your Medicare plans.  As you get started, you should ask yourself: Am I satisfied with my current plan? Am I comfortable maintaining it for another year? Are the medications I need in my plan's formulary next year?   How much can I expect to pay for my medications next year? If you are a current Medicare recipient, you should have receive your Annual Notice of Change from your Advantage plan or pharmaceutical plan…

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Seniors Flock to Four-Star Medicare Drug Plans

Medicare enrollees are flocking to Medicare Part D prescription drug plans with ratings of four or higher, according to a new report by the Centers for Medicare and Medicaid Services (CMS). The report found that the percentage of Medicare enrollees in four-star Part D plans for 2020 will grow to 27.6%, compared with just 3.5% in 2019. Likewise, the percentage of Medicare enrollees in four-star or greater Medicare Advantage Part C plans with prescription drug coverage will grow to 81.1% in 2020, from the current 75.3 % (the figure was just 69% in 2017). The average rating of Part D…

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