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South West Illinois News

Thursday, April 25, 2024

VICTORS MEDICENTER PHARMACY: Medical Part D Open Enrollment

Health

Victors Medicenter Pharmacy issued the following announcement on Oct. 25.

Reasons why you should review your Medicare coverage each year:

You may be paying more than you should be for your Medicare Advantage or Stand- Alone Part D coverage and you might be getting less.

Plan premiums can change each year.

Plan coverages are reviewed annually and can be changed.

Both Medicare Advantage and Stand-Alone Part D plans can make changes in their formulary (list of covered drugs) annually.

You should double check that all your prescriptions are still covered by your plan.

Have your co-pays changed?

Is your pharmacy still in the covered network?

Your medical status might have changed over the last year.

You might have found that your Medicare Advantage Plan doesn’t provide enough coverage for your current medical needs.

You might now need the services of a specialist and your Medicare Advantage Plan does not have your specialist in their network.

Make sure you are not paying for coverages you no longer need.

Don’t ignore mailings from your current Medicare Advantage or Stand-Alone Part D companies.

You should receive a letter with an annual change notice from your company prior to annual enrollment.

Along with this annual change notice, most companies will also include any changes in their formularies.

Original source can be found here.

Source: Victors Medicenter Pharmacy

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