Medicare Part D Enrollment Tips
29 October, 2014
Also see a step-by-step
Where Do I Start with Part D? , and
Part D Guidelines
beneficiaries who are just enrolling in Part D for
the first time, need to compare all the plans, to
determine which ones cover the correct medications,
and which provide them for the best price.
Medicare beneficiaries who are
enrolled in a Medicare prescription drug plan should
examine their coverage to ensure it continues to
meet their needs. Seniors and other Medicare
beneficiaries who are satisfied with their current
plan do not have to take any action during the
open-enrollment period (October 15-December 7),
but those who wish to make a change
must begin to
research the options now. You may find that you
could save a great deal of money, and more
completely cover the medications you need, by
changing plans. This is the time to begin to
Know your three Cs. Consider
the following when making a decision:
plan cover your medicines?
Does the plan
have a coverage gap?
Do you need more
comprehensive coverage in 2014?
Does the plan have a deductible?
How does the plan handle
Does the plan
have a mail-order option?
For help answering these questions
and finding the right plan, seniors and other
Medicare beneficiaries can turn to the SeniorArk.com
prescription drug plan finder, available at
This is a totally free service we have developed for
our readers, to help then sift through the maze of
part D choices. Some plans cover certain medications
and dollar totals, and others do not. Seniors need
to pick the right plan, that covers the right
medicines, with the right coverage totals.
Estimate your annual drug
costs. Most seniors will not spend enough on
their medications to reach the coverage gap. But we
must become gamblers on our needs for the coming
Enroll early. Open
enrollment for coverage next year begins October 15,
through December 7. This gives your choices
time to get firmly into place by January 1.
Donít cancel your existing
plan. Seniors and others
intending to switch to a new Part D plan should not
cancel their existing plan.
Enrollment in a new plan
will automatically terminate a beneficiaryís current
Apply for extra help.
Additional assistance is available to low-income
seniors who have trouble affording their
out-of-pocket costs. According to federal health
officials, over 3 million Medicare beneficiaries
nationwide were eligible for the low-income subsidy
this year but didnít apply. For information, visit
your local Social Security office or call
You may also want to read:
Part D Fiasco - Congress Can Do Better, , Part
All about Part D and Medicare,
Survive a Fall into the Doughnut Hole
main Medicare Page, linking to additional resources