Medicare provides health insurance for Americans age 65 and older, and to younger people with disabilities. More than 570,000 adults age 65 and older live with epilepsy, and that number is rising rapidly as the baby boomer generation enters retirement age. Additionally, many individuals under age 65 living with epilepsy are Medicare beneficiaries due to their disability status. The Medicare program is comprised of four parts:
- Medicare Part A covers hospital care and other skilled non-routine care, including nursing home and skilled nursing care, hospice care, and home health services.
- Medicare Part B covers medically necessary and preventative services, including care to diagnose or treat a condition.
- Medicare Part C (Medicare Advantage) plans offer Part A, Part B, and Part D (described below) benefits in one plan
- Medicare Part D covers many prescription drugs.
Medicare Part D Open Enrollment 2018
The Annual Open Enrollment for Medicare prescription drug coverage (Part D) is October 15, 2017 – December 7, 2017 for coverage beginning January 1, 2018.
Each year, plans make changes to benefits and costs, and there are also new plans in many areas of the country. In 2018, people who enter the coverage gap (“donut hole”) will pay 35% of the cost of brand-name drugs on their plan’s formulary while they are in the gap and 44% of the cost of generics on their formularies while they are in the gap. With these changes, your current plan may or may not be the best plan for you in 2018.
It is very important to use this time period to compare your plan choices and find the plan that best meets your prescription drug needs at the lowest cost. All plans will make changes in 2018. See the guide below for answers to some important questions that can help you during the Annual Open Enrollment.
MapRx Open Enrollment Brochure 2018