No. If you wish to stay in your current Medicare Part D or Medicare Advantage plan, you do not need to do anything during the annual Open Enrollment Period (
AEP) and you will be automatically re-enrolled into your existing Medicare plan for another year (assuming the Medicare plan is still being offered next year),
along with any changes that your current Medicare plan may have made for next year.
Important: Make sure your plan is still being offered next year.
About
1.3
million people are enrolled in a 2023 Medicare plan that will not be continued
in 2024.
Important: Check your coverage and costs.
Your Medicare plan benefits
change
each year so be sure you understand the 2024 changes (such as changes in
pharmacy or mail order options, changes in your healthcare network, different
coverage costs, monthly premium, deductible, and prescription coverage).
You can use our online
PDP-Compare
or
MA-Compare
tools to provide you with a quick overview of how any 2023 Medicare Part D or Medicare Advantage
plan is changing in 2024.
Important: Check your medications.
Are all of your medications still covered in 2024? Do your covered drugs now have
usage management restrictions? Does your
plan offer lower-costing generic alternatives?
Both our
Formulary
Browser (view all drugs for a single plan) and
Q1Rx Drug Finder (view all plans for a single drug) include formulary data for
all stand-alone Medicare Part D prescription drug plans (
PDP)
and Medicare Advantage plans (
MAPD).
Suggestion: You may wish to review (or re-review) your Medicare plan options just one more time before midnight, December 7th.
After the December 7th close of the AEP, most people will only have a
limited opportunity to change their Medicare prescription drug plan
coverage before next year’s Medicare Part D and Medicare Advantage plan
annual Open Enrollment Period.
For an overview of Medicare Part D
plans (PDPs) or Medicare Advantage plans (MAs, MAPDs, SNPs) in your
area, please use our Medicare Part D Plan Finder (
PDP-Finder) or Medicare Advantage Plan Finder (
MA-Finder) to see all available Medicare plans in your area
Other opportunities to change Medicare plans after the December 7th close of the AEP?
You may be able to change your plan enrollment outside of the AEP using the Medicare Advantage plan Open Enrollment Period (
MA-OEP) or a Special Enrollment Periods (
SEP).