Medicare Open Enrollment
Medicare’s Annual Election Period (AEP) is an 8-week period every fall during which Medicare beneficiaries can enroll in, change, or disenroll from their Medicare Advantage and/or Part D drug plans. This Open Enrollment will occur from October 15th – December 7th!
It is important to take advantage of this open enrollment as Part D benefits change each year! Your carrier will release in September the ANNUAL NOTICE OF CHANGE document. This will explain if the premiums, copays, drug formulary or pharmacy network is changing.
Reasons you should review and consider a change to your Rx plan for 2023:
- The plan formulary changed and no longer includes one or more prescription drugs you currently take
- Your prescription drug list has changed
- The pharmacy you use is no longer the most cost effective pharmacy considering the prescriptions you take.
- The plan premium experienced a significant increase
Good News – if you are happy with your current plan, you do not need to make a change.
Contact Melanie Tumolo for more information or if you have any questions!
If you have any life changes or updates to your benefits that you need us to address (I.e., address change, marriage, birth of a child, loss of coverage, etc) please do not hesitate to contact us at 215-579-5601 or email us at info@ewmginc.com.
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