Part D Open Enrollment 2018

This page contains enrollment and disenrollment guidance for current and future contracting part d plan sponsors and other parties interested in the operational and regulatory aspects of part d plan enrollment and disenrollment.
Part d open enrollment 2018. During certain times each year yearly enrollment periods for part c part d each year you can make changes to your medicare advantage or medicare prescription drug coverage for the following year. What s the medicare open enrollment period. Healthmarkets outlines when medicare part d open enrollment 2019 begins and ends. Centers for medicare medicaid services.
Every year medicare s open enrollment period is october 15 december 7. Find out how to get medicare prescription drug coverage. The average premium for a basic stand alone medicare part d plan is expected to be about 30 50 month in 2021. There will continue to be a wide range of part d plan options available.
What medicare part d drug plans cover. Open enrollment period for medicare advantage and medicare prescription drug coverage. Overview of what medicare drug plans cover. The fall open enrollment period lasts from october 15 to december 7 2020 you may be able to enroll in or switch to another medicare advantage plan or medicare part d prescription drug plan or you can drop your plan and return to original medicare.
For example if you enroll in a part d drug plan in 2018 your coverage will start january 1 2019. There are only 13 days before the fall medicare open enrollment period begins also called the annual enrollment period or aep. Options for ending your part d benefits. When s the medicare open enrollment period.
2020 part d premiums. Guide to medicare open enrollment for 2018 shopping for a new medicare part d or medicare advantage plan for 2018 could save you money. Medicare calculates the penalty by multiplying 1 of the national base beneficiary premium 32 74 in 2020 33 06 in 2021 times the number of full uncovered months you didn t have part d or creditable coverage. The medicare part d enrollment period also allows you to opt out of part d drug benefits.
There are 2 separate enrollment periods each year. Learn about medicare prescription drug plans part d medicare advantage plans more. Revisions to the prescription drug plan enrollment and disenrollment guidance and individual enrollment request form to enroll in a part d plan for cy 2021. Medicare health and drug plans can make changes each year things like cost coverage and what providers and pharmacies are in their networks.
October 15 to december 7 is when all people with medicare can change their medicare. The cost of the late enrollment penalty depends on how long you went without part d or creditable prescription drug coverage. Enhanced plans will have higher average monthly premiums. A federal government website managed and paid for by the u s.