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Medicare Annual Enrollment Is Here!

by Kara Mayeda
October 2020, Volume 70, Issue 9

[NOTE: Kara Mayeda is a Licensed Independent Insurance Agent and a former director of Home and Community Based Services for Keiro Northwest from 2011-2017.]

October 15th – December 7th is Medicare Annual Enrollment! Another year almost marked off on the calendar and here I am checking in with all my friends at Nisei Vets. As I always say “Know your Plan AND Know your Options”

From now until December 7th, Medicare members have the opportunity to make changes to their Medicare Advantage and Prescription Drug Plans for the upcoming 2021 year. An annual plan review is important to understand how your costs for medical services and prescription drugs may change. Some general things to remember about your Medicare drug plan coverage:

Prescription Drug Coverage:

  • Tier levels may change for your medications, your prescription may no longer be covered, and a substitute prescription will take its place.
  • If you are taking any medications that are Tier 3 or higher you may be responsible for a pharmacy deductible – the maximum deductible for this will be increasing in 2021
  • Preferred vs Standard vs Mail Order Pharmacies – it is important to know who these are for in your plan as there may be varying costs associated with each


Your current Medicare Advantage and Prescription Drug Plan carriers sent out their Annual Notice of Change booklets in September. There you can review any changes that will be coming for 2021, including any changes with your drug coverages. Even if you are happy with what you have, a thorough review is always a good idea to ensure your current needs will be met next year.

For cost-free help in reviewing your current plan or researching Medicare health insurance options, you can contact the author at:

Kara Mayeda, Licensed Insurance Agent

phone: 206-550-9010     
email: kara@retirelivingwell.com