North Dakota’s 2021 Medicare Part D plan overview
|Based on the 2021 Medicare Part D prescription drug plan information released by
the Centers for Medicare and Medicaid Services (CMS), North Dakota seniors and Medicare
beneficiaries will find that 2021 will bring a number of changes to their prescription drug
coverage and beneficiaries should be prepared to see how their current 2020 Medicare Part D
plan is changing in 2021. To assist, we now have our 2021 PDP-Compare Annual Notice of Change (ANOC) tool
online to show basic changes in plan coverage at PDP-Compare.com/2021/ND.
Please note that the information we provide below is based only on stand-alone Medicare Part D prescription drug plans (PDPs). We do not compare stand-alone drug plans directly with Medicare Advantage plans. Unlike PDPs, Medicare Advantage plans provide coverage for Medicare Part A (in-patient hospital coverage), Medicare B (out-patient physician visits), and may include comprehensive prescription drug coverage (called MAPD plans). Medicare Advantage plans may also include additional benefits such as dental, vision, and health club coverage. For more information, seniors can review all Medicare Advantage plans available in their area using our 2021 MA-Finder.
What’s new for North Dakota’s
|North Dakota 2021 Medicare Part D premium increases and decreases:|
Of the 28 Medicare Part D plans available in North Dakota for 2021, 7 plan(s) will lower their premiums and 19 will increase their premiums. Currently, 84.7% of North Dakota residents enrolled in a stand-alone Medicare Part D plan are enrolled in one of the 19 plans with a premium increase. The average premium increase for members of these plans will be $7.46 per month.
|The 2021 average monthly Medicare Part D premium in North Dakota will increase:|
Overall, the average monthly 2021 prescription drug plan premiums in North Dakota will increase 3.41% from a 2020 average monthly premium of $39.58 to a 2021 average Part D plan premium of $42.99.
The average monthly premium discussed above consider all stand-alone Medicare Part D plans equally. Perhaps a more telling average is the weighted average — that is, looking at each plan’s monthly premium weighted by the number of people enrolled in that particular plan. Based on the weighted average, North Dakota residents can expect to see a 19% increase in their monthly premiums. This means that if everyone stays in their current 2020 prescription drug plan through 2021, then across the state we can expect beneficiaries to pay 19% more for their monthly premium.
As reference, the national average monthly Medicare Part D premium will .
North Dakota will have fewer Medicare Part D (PDP) plan choices:
Locally, North Dakota residents will find that the total number of stand-alone 2021 Medicare prescription drug plans has decreased from 29 in 2020 to 28 stand-alone Part D plans.
A wide assortment of national and regional Medicare Part D plans are offered in each state or CMS region, with the average number of prescription drug plans offered per state . You can review all 2021 Medicare Part D Plans available in North Dakota at PDP-Finder.com/2021/ND.
As a note, if you find that your current 2020 Part D plan is not being offered in 2021, you may wish to review your Part D plan’s Annual Notice of Change (or ANOC) letter to see if you will be automatically moved to another 2021 prescription drug plan or whether you will need to actively choose a new 2021 Medicare Part D plan.
If you are automatically switched to a new plan for any reason, please review the new plan closely. Automatic plan switches DO NOT take into account your specific medication coverage and pharmacy needs. Check to be sure that your new plan provides the coverage you need.
The range of monthly drug plan premiums will increase:
The premiums within North Dakota will range from $7.30 (SilverScript SmartRx (PDP) in IA MN MT NE ND SD WY) to $104.70 (MedicareBlue Rx Premier (PDP) in IA MN MT NE ND SD WY) — as compared to the 2020 North Dakota monthly premium range of $13.20 to $89.60.
In comparison, across the country the 2021 Medicare Part D plan premiums range from a low of to a high of .
The same number of Medicare Part D plans with a monthly premium under $25:
North Dakota residents will have the same number of lower premium Medicare Part D (PDP) plan options. There will be 8 plans having a premium under $25, remaining unchanged from the 8 Part D plans under $25 offered in 2020.
Changes in the Initial Coverage Limit:
The Initial Coverage Limit (ICL) is the maximum retail value of formulary drugs you can purchase before entering the Coverage Gap (or Donut Hole). All 2021 stand-alone Medicare Part D plans (PDPs) changed their initial coverage limit — defining when you enter the Coverage Gap.
Fewer Medicare prescription drug plans will offer some level of Coverage Gap protection:
The selection of prescription drug plans with Donut Hole coverage has also changed with fewer companies offering 2021 Part D plans with some level of additional coverage (over the standard generic and brand-name drug discounts) for purchases made in the Coverage Gap. In 2020, 5 plans offered plans with some form of Donut Hole coverage and in 2021 that number will decrease to 4 plans. People are reminded to see which drugs are actually covered in the donut hole because some Medicare Part D plans only cover a "few" drugs through the Coverage Gap.
Remember, even if your Medicare Part D plan has "No Gap Coverage", you still get the standard 2021 generic drug discount of 75% and brand-name drug discount of 75%. You can read more Donut Hole Discount here.
The same number of Medicare prescription drug plans are offered with enhanced options:
North Dakota residents will find that 17 Part D plans will offer enhanced prescription drug coverage options. Enhanced Medicare Part D coverage includes prescription drug plans that have a lower or no initial deductible and a variation of cost-sharing (for instance, copayments instead of co-insurance). For example, in 2021, the same number of North Dakota Part D plans will offer prescription drug coverage with a $0 initial deductible (4 plans in both 2021 and 2020).
Low-Income Subsidy recipients in North Dakota will have fewer Medicare Part D plans that qualify for the $0 monthly premium:
North Dakota Medicare beneficiaries who qualify for full "Extra Help" will find that fewer Part D plans qualify for the $0 premium Low-Income Subsidy as compared to last year. In 2020, 8 Medicare Part D plans qualified for the $0 premium Low-Income Subsidy as compared to 7 Part D plans in 2021.
Please note, if you received "Extra Help" in 2020 and your plan does not qualify for the $0 premium in 2021, you may be automatically moved to a new Part D plan that does qualify for the $0 premium. If this occurs, please check to be sure that your prescriptions are covered on your new plan. If your prescriptions are not covered, you can switch to a plan that will cover your medications.
North Dakota seniors and Medicare beneficiaries will see fewer prescription drug plan choices in 2021 and can expect to see higher monthly premiums.
In addition, behind the numbers, some of 2020’s more popular Medicare Part D plans will change their 2021 plan structure. Some plans are adding initial deductibles or changing cost-sharing limits (for instance, how much you pay for a covered drug).
Accordingly, beneficiaries are reminded to consider their 2021 prescription drug plan options carefully. If you are a Medicare beneficiary and make no decision about changing your existing prescription drug coverage, you will be automatically reenrolled in your existing prescription drug plan — along with any changes that have been made in your plan’s coverage or cost for 2021. If your prescription drug plan will be discontinued, and you are not automatically moved into a new plan, you will need to enroll in another Part D plan or you may not have prescription drug coverage in 2021.
What is the Bottom Line?
Review your 2021 Medicare prescription drug plan options.
Medicare Part D Plan Marketing begins: October 1, 2020
Annual Open Enrollment Period: October 15, 2020 through December 7, 2020
New Coverage begins: January 1, 2021
For more information, Q1Medicare.com has developed national and state one-page interactive summaries of prescription drug plan information. You can review the 2021 North Dakota Medicare Part D Facts page at PDP-Facts.com/2021/ND
Questions? Please let us know by clicking here for our Help Desk.
Click here to review Medicare Part D plan statistics for the 2021 plan year.