Medicare Open Enrollment 2025: Don’t Miss Out on New Benefits and Prescription Savings

Mark Your Calendar: Medicare Open Enrollment is October 15 – December 7

Computer, plant, prescription bottles, and lamp on a blue background

Medicare’s Open Enrollment period is just around the corner! This annual window is the only time you can make changes to your Medicare coverage, including your prescription (Part D) plan—for the upcoming year. Whether you’re renewing, switching, or signing up for the first time, it’s important to review your choices.

Key Changes to Medicare Prescription Plans This Year

  • New Payment Plan: $2,100 Max Out-of-Pocket on Drug Costs.
    • Starting this year, all Medicare Part D plans will have a $2,100 maximum out-of-pocket cap for prescription drug
  • Flexible Payment Options:
    • You can setup this limit as a monthly payment with your plan provider—allowing you to spread your costs evenly over the year instead of paying large amounts all at once.
  • How to Enroll:
    • Contact your Part D plan administrator to set up your payment plan and the contact number should be on the back of your prescription card.
  • Consider Your Options:
    • If your needs change, this is also a good time to shop around and compare Part D plans, make sure your specialty medications are covered, and check if you qualify for new savings.
  • Turning 65? Welcome to Medicare!
    • If you or someone you know is turning 65, Open Enrollment is your first chance to sign up for a prescription plan. Make sure you review your options and take advantage of available resources.
  • Need Help?
    • Navigating Medicare can feel overwhelming, but you’re not alone. Here’s how we support you:
      • One-on-One Appointments with Medicare Specialists:
        • Book a free meeting with our pharmacy experts or a local SHIP (State Health Insurance Assistance Program) counselor. They can help you:
          • Compare plans and coverage
          • Enroll in a payment plan
          • Find the best options for your unique health need
          • Answer your questions with personal guidance

Trusted Resources:

  • Download Our Handy CMS Medicare Guide
  • SHIPs Program: Free Local Experts https://www.shiphelp.org/
    • What is SHIP and Why Use It? SHIP (State Health Insurance Assistance Program) offers unbiased, confidential help from trained counselors at no cost to you. They can answer your questions, explain changes, and even help complete your enrollment.

Don’t wait—get the support and savings this Medicare enrollment season!

Questions? Call Medicare at 1-800-MEDICARE (1-800-633-4227) They are available to help you 24 hours a day, 7 days a week.

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