First, staying with your 2019 plan into 2020?
you decide to stay with your current 2019 Medicare Part D or Medicare
Advantage plan into 2020 – and you understand how your Medicare plan is changing
– you do not need to do anything
– and you will be automatically re-enrolled into your Medicare plan
along with any changes your plan is making for 2020. In addition to our
list of Top Ten plan changes below, be sure to review your plan’s
Annual Notice of Change (ANOC) letter to learn more about your 2020
Medicare plan coverage.
(1) Your 2019 Medicare plan may no longer be offered in 2020.
Over 1.1 million
people are currently enrolled in a 2019 Medicare Advantage plan (MA
) that will no longer be available in 2020. Although a number of counties around the country will experience significant changes
in their Medicare Advantage plan landscape, the counties seeing the
largest number of terminated 2020 Medicare Advantage plans are: Miami-Dade, FL
losing 17 plans and Jefferson County, PA
losing 15 plans. You can click here
to read more in our article about Medicare plans affected by Service Area Reductions.
(2) You may be automatically reassigned to a different 2020 Medicare plan.
Over 2 million
Medicare Advantage plan members and an additional 740,000
members of stand-alone Medicare Part D plans will be automatically
“crosswalked” or merged into another Medicare plan in 2020. For
example, members of the 2019 Humana Enhanced (PDP
) will be automatically reassigned
to the 2020 Humana Premier Rx Plan (PDP). You can click here to read more
about Medicare Part D plan mergers or consolidations.
(3) Your 2019 Medicare plan may change its name.
The nearly 2 million
members of the 2019 Humana Walmart Rx Plan (PDP)
will find their plan’s name changing to the 2020 Humana Premier Rx Plan
(PDP), with a larger formulary and significantly higher premiums (same
plan ID, but a different plan name). And the new 2020 Humana Walmart
Value Rx Plan (PDP) will be introduced with a premium of $13.20 in every
(4) Your monthly 2020 Medicare Part D premium may be increasing.
Without changing stand-alone Medicare Part D plans, over 4 million
Medicare beneficiaries will see a monthly 2020 Medicare Part D premium increase of over 20% - with 1.5 million people
currently enrolled in a 2019 Part D plan seeing their premiums double
in 2020. The good news is about 8.4 million people will see a 2020 premium decrease of up to 73%
You can click here to see
examples of 2019 Medicare Part D plans that are increasing their 2020 premiums. Please keep in mind that there may be low- or $0 premium
Medicare Advantage plans (MAPDs) available in your area.
(5) Your plan’s Initial Deductible may increase.
The standard 2020 Medicare Part D (PDP) deductible
will increase to $435, up from the standard 2019 deductible of $415. About 6.7 million
Medicare PDP beneficiaries are enrolled in a Part D plan that will see an even larger Initial Deductible increase from $25 to $260
. An additional 3.8 million
Medicare Part D beneficiaries will see their $0 deductible disappear. You can click here to read more
about initial deductible changes and examples of Medicare Part D plan’s increasing their 2020 initial deductible.
(6) Your 2020 Medicare drug plan’s formulary or drug list may cover fewer medications.
Although some 2020 Medicare prescription drug plans will be adding more medications, based on our analysis
, almost 2.5 million
Medicare beneficiaries currently enrolled in a stand-alone 2019
Medicare Part D plan will see at least 100 fewer medications on their
2020 formulary. But, please remember that a larger Medicare Part D plan
formulary does not necessarily mean that the Medicare drug plan will
cover all of your medications. In addition, some of your low-cost
generic medications, particularly tier one and two generics may have moved to a higher drug tier
Check to make sure your medications are affordably covered
by your chosen 2020 Medicare Part D plan.
(7) Your 2020 Medicare plan’s prescription drug cost-sharing may increase.
Medicare plans can change their fixed copayments from year-to-year (for example
you now pay $5 for a Tier 2 drug and in 2020 you will pay $10 for the
same Tier 2 drug) – or plans may increase the co-insurance percentage
(you now pay 35% of retail and in 2020 you will pay 44% of the retail
drug price). And some Medicare drug plans may change between
co-insurance (percent of retail prices) to copayment as a cost-sharing
model. You can click here to see
an example of how the 2019 Humana Walmart Rx plan will change from 20%
co-insurance to a $42 copayment for Tier 3 Preferred Brands as it
becomes the 2020 Humana Premier Rx plan – this change will affect
approximately 2 million
(8) Your Medicare plan’s cost-sharing can vary significantly between “preferred” and “standard” network pharmacies.
About 95% of all 2020
stand-alone Medicare prescription drug plans (PDPs) will use different
cost-sharing for preferred vs. standard network pharmacies. As an
example, the California SilverScript Choice (PDP)
will have a co-payment of $0 for a Tier 1 medication at a preferred
network pharmacy and, for the same Tier 1 drug, a $6 co-pay when
purchased at a standard network pharmacy. You can click here
to see more examples of standard and preferred pharmacy cost-sharing.
You can contact your plan’s Member Service department to find preferred
pharmacies in your area.
A word of caution about mail-order cost-sharing when using the Medicare.gov plan finder
As of October 23rd, the Medicare.gov plan finder only calculates drug
costs for mail-order using the plan’s “standard” mail-order cost-sharing
rather than the plan’s “preferred” mail-order cost-sharing. As
a result, the mail-order cost-sharing is, in most cases, higher than it
would be if Medicare was using the preferred mail-order cost-sharing as
they did in past years.
(9) Your 2020 Medicare Part D plan may no longer qualify for your state’s Low-Income Subsidy (LIS) $0 premium.
In 2020, most states will offer about the same number of Medicare Part D plans qualifying for the state’s Low-Income Subsidy (LIS) $0 benchmark premium. The state offering the smallest selection of $0 premium LIS PDPs is Ohio, offering only two 2020 $0 premium LIS plans. Arizona will offer the largest number of $0 premium LIS plans (12 plans). For more about the changing landscape of LIS $0 premium plans, you can click here for our article comparing LIS plan availability since 2007.
a Medicare Part D plan no longer qualifies for the full LIS $0 monthly
premium, Medicare will automatically move LIS recipients to a new plan
that does qualify. However, if you selected your own plan, Medicare
will NOT move you to a new plan, even if your plan no longer qualifies for the $0 premium. You will need to select a new plan during AEP or you will pay a partial premium in 2020. You can click here to read more.
(10) Your 2020 Medicare Advantage plan’s Initial Coverage Limit (ICL) and/or Maximum Out-of-Pocket (MOOP) limit may change.
Some 2020 Medicare Advantage plans will offer a variation on the standard drug plan Initial Coverage Limit (ICL) of $4,020, with 2020 MAPD ICLs ranging from $2,750 to $10,000. In addition, one 2020 stand-alone Medicare Part D plan (in New York) has an ICL under the $4,020 standard. The
Initial Coverage Limit sets the boundary between your Medicare Part D
plan's Initial Coverage Phase and the Donut Hole or Coverage Gap. The
ICL is measured by the total retail value of your prescription drug
purchases. You can click here to read more about 2020 Medicare Advantage plans that have an increased or decreased Initial Coverage Limit.
2020, slightly more Medicare Advantage plans will offer a MOOP limit at
or below the $3,400 voluntary maximum. However 76% of Medicare
Advantage plans continue to have a MOOP greater than $3,400. You can click here to learn more
about the maximum out-of-pocket limits for 2020 Medicare Advantage
plans. The Medicare Advantage plan MOOP threshold limits how much you
will spend on co-payments and co-insurance for in-network, eligible
Medicare Part A and Part B coverage.
The Bottom Line to our Top Ten List.
you do not enroll into a new 2020 Medicare Part D plan or Medicare
Advantage plan, you will be automatically re-enrolled into your current
Medicare plan for 2020 and your 2020 Medicare plan may cost you more and
provide different coverage than in 2019.
If your 2019 Medicare
plan is being terminated in 2020 and you are not merged or
“crosswalked” to another 2020 Medicare plan, you may be without Medicare
plan coverage on January 1st.
The Good News: You still
have plenty of time to review your 2020 Medicare plan coverage options
during the Annual Open Enrollment Period (AEP) that began on October
15th and continues through December 7th.
Need a fast way to see how your Medicare Advantage or Medicare Part D plan is changing in 2020?
Our PDP-Compare and MA-Compare
tools allow you to compare changes in all stand-alone Medicare Part D
prescription drug plans (PDPs) or Medicare Advantage plans (MAs or
MAPDs) across the country. Our comparison tools show changes in monthly
premiums and plan designs, as well as changes in cost-sharing rates for
different drug tiers. Both PDP-Compare and MA-Compare also show the
Medicare plans that will be discontinued, merged, or added in 2020.
MA-Compare includes links to the health coverage details of all 2019 and
2020 Medicare Advantage plans.
Need an example of Medicare Part D plan changes in your area?
To see the annual 2019 / 2020 changes in stand-alone Medicare Part D plan details,PDP-Compare.com
Need an example of Medicare Advantage plan changes in your area?
get you started with an overview of the 2020 Medicare Advantage plans
in your area, just click on your state and then click on your county
name – you can then choose the “Compare Changes in the 2019 & 2020
Health Plans” link to see annual changes in plan features or go directly
Not sure where to begin with 2020 Medicare Part D prescription drug coverage?
For an overview of the 2020 Medicare Part D prescription drug plan (PDP) landscape, please see our article: “More low-cost 2020 Medicare Part D PDP options, but many people in 2019 plans may pay higher 2020 Part D premiums”.
For a summary of the 2020 Medicare Advantage (MA and MAPD) plan landscape, please see our article:
"Medicare beneficiaries can expect more Medicare plan options,
continued low monthly premiums, more D-SNPs, and slightly more Medicare
Advantage plans offering some Donut Hole coverage".
If you would like an overview of the Medicare Part D and Medicare Advantage plan program, then you can click here for more information.
Copyright Q1Group LLC, Saint Augustine, Florida (2019)