Open Enrollment has begun for Prescription Drug Coverage! The deadline for enrolling in or changing your Medicare prescription drug plan is fast approaching, and experts agree that you need to choose carefully because premiums have increased and drug coverage has changed in many plans.
Enroll as soon as possible ? the sooner the better ? to avoid any inconvenience at the pharmacy counter in January. However, if you?re satisfied with your current plan?s cost and coverage for next year and the customer service you receive, you don?t need to do anything. However, if a recent survey holds true, many seniors will simply stick with what they’ve got.
According to a report by the Kaiser Family Foundation and the Harvard University School of Public Health, only 5 percent of those currently enrolled in a Medicare prescription drug plan say they expect to switch plans for 2007.