Latest News
Shopping for a Medicare Part D Prescription Drug plan
The Annual Election Period (“AEP” which is sometimes also referred to as “open enrollment”) started October 15th and continues through December 7th. It is during this period of time that you can make changes to your current healthcare coverage, including your Medicare “Part D” prescription drug plan. Of course, if you’re happy with your current drug coverage, you can choose to do nothing and stick with your current plan. But, plans do change from year to year, especially costs and drugs covered, so you may find it prudent to evaluate all of your options now to make sure your current plan is still the best plan for your prescription drug needs. In this CNBC article by Sarah O’Brien, the author explains how the various Part D plans work, how late enrollment penalties work, and how you might very well find a better plan for less money by doing your homework during the AEP. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.