Shopping Your Part D RX Plan Each Year
Each year, between October 15th and December 7th you are able to change your RX plan for the following year. Many folks get tons of stuff in the mail from different carriers trying to sell them a new drug plan and this can be very confusing. The fact is, there are about 25 drug plans in any given area and each plan has a different formulary covering drugs differently. The best drug plan is the one that covers your current prescriptions at the lowest out-of-pocket cost.
How To Find The Best Plan?
Many folks don’t know how to go about finding the right drug plan each year. I will let you in on a little secret; you can call 1-800-MEDICARE (1-800-633-4227) and have the friendly folks who work for Medicare shop the drug plan for you. They will take your prescriptions over the phone and tell you what the best drug plan is, based on the specific drugs you take. They can also sign you up right over the phone for the plan. This service is 100% free.
Also, you can call 1-800-MEDICARE (1-800-633-4227) 24 hours a day, 7 days a week, 365 days per year! They are never closed. You will have a shorter wait time if you call during off-hours (late at night).