Last month, we asked readers whether they planned to comparison shop for their Medicare coverage during the open enrollment period this fall, and nearly four out of five respondents said Yes.
So now that the Medicare open enrollment period has been underway for a few weeks, we want to know how our readers are feeling about the prescription drug coverage they have in place for 2022.
Nationwide, more than three-quarters of all Medicare beneficiaries – about 49 million people – have Medicare Part D prescription coverage, split almost equally between stand-alone Part D plans and Medicare Advantage plans with integrated Part D coverage.
All of these individuals are eligible to switch plans during the current open enrollment period. And Medicare beneficiaries who don’t yet have Part D coverage can use the current enrollment window to sign up for Part D.
Some Medicare beneficiaries don’t need Part D coverage because they have supplemental employer-sponsored coverage that provides prescription benefits. But for everyone else enrolled in Medicare, the autumn open enrollment period is an opportunity to be certain that the prescription coverage they have for the coming year is the one that best fits their needs — and that can change from one year to the next.
How do you feel about your 2022 Part D plan selection?
So in this edition of our reader survey, we’d love to know: Are you confident that you’re enrolled in the Medicare Part D coverage for 2022 that will give you the best value for your money?
- Yes, I’ve already comparison shopped and selected the best option.
- No, net yet, but I’m confident that I’ll pick the best plan before Dec. 7.
- No, I picked a good plan in the past and I’m happy to just let it renew.
- No, I feel overwhelmed by the process of trying to pick a different plan.
Please take a moment to let us know where you are in the process of sorting out your Part D coverage for next year. And if you have questions or additional comments, please leave them below.
