During the Medicare open enrollment period, it’s important for seniors and people with disabilities to make sure that they’re getting a plan that suits their needs and the most value for their costs. With one week left in this year’s period, Medicare enrollees should be taking one last look at their plans to make sure that the prescriptions they use are included in their plan’s formulary and to see if their premium could be lower with another plan that meets their needs.
The expansion of Medicare to include prescription medicines has made all the difference for seniors’ health and the overall success of the program has further been a boost for the Medicare programs own fiscal standing. When Part D was enacted in 2006, a positive shift occurred that enabled many older Americans to access needed treatments at a price they could afford. Part D continues to provide greater access and has extended and improved countless lives with affordable premiums and co-pays.