Every year, Medicare Part D and Medicare Advantage (HMO, PPO) plans can change their premiums, co-pays, deductibles, formularies (list of drugs covered) and preferred pharmacies. In the case of Medicare Advantage Plans they can also drop and add medical providers from their networks. It’s important to review your options EVERY year to make sure you have the plan that works best for you for next year.
This year we have three new Medicare Advantage Plans, the Harvard Pilgrim Stride Plans are no longer available and Medicare Drug Plans have been reduced to 21 Plans from 27 Plans. Along with these new plans and choices we expect there will be additional marketing with a high volume of plan sponsored meetings.
YOU NEED TO BE SURE THAT YOUR PRIMARY CARE PHYSICIAN AND OTHER PROVIDERS ARE IN THE PLAN’S NETWORK BEFORE YOU CHANGE TO A DIFFERENT MEDICARE PLAN. YOU SHOULD ALSO BE SURE YOUR MEDICATIONS ARE COVERED.