It’s that time of yr. I would encourage you all to look up your drugs on Medicare.gov, and make sure they are all still covered in your plan next yr, and that there is not a better plan for you. Plans change, premiums change and so do formularies. You should be getting your annual change notice in the mail right now, so at least look up your drugs and make sure they are all still covered next yr.
in most states there are 20+ part d plans, and you can almost always save significant money by checking on Medicare.gov. You can also switch plans on Medicare.gov.
also, if you are lower income. Check to see if you qualify for the “extra help with prescription drugs” program through SS, and also your states family service office to see if you qualify for the “Medicare cost savings program”. This will pay your Part B premium and even more. (1500$ per month or less if single. More if married).
beware of the tv ads, anyone who does not show you all the other options, or does not explain the differences between Original Medicare and Medicare Advantage.
We've been on a Medicare Advantage plan with a Blue Cross subsidiary here in PA for 13 years. I like them because they're less expensive than Medicare supplemental plans IF you're relatively healthy but there are small copays involved so you have to do your homework.
If you're new to Medicare navigate the prescription jungle carefully. Don't just look at your copay for a prescription because it's the total cost of the drug that's charged against your allowance. It may be hard to find out what the actual cost is without being a member of a plan - kind of like Congress having to sign the ACA to see what was in it.
As an example I use Lumigan eye drops with total cost of $475 for a 7.5ml bottle but my copay is only $115 using Express Scripts. Just for drill I asked the pharmacist at my local Walmart what my price would have been if I used them. He said it was up to my plan to set my copay. I asked him what I would pay for a bottle without a plan and it was $710, quite a difference.