Open Enrollment Information

Medicare Open Enrollment for Coverage in 2021

Open Enrollment starts on Tuesday, October 15, 2020
and ends on Saturday, December 7, 2020

Open Enrollment is the time when you can join or change your stand-alone Part D prescription drug plan or Medicare Advantage plan for next year. Medicare and HICAP strongly recommend that you review your prescription drug plan or Medicare Advantage Plan every year. You could save money, get better coverage, or both.

New prescription drug and health plan choices are offered every year. Moreover, plans can and do make changes to their list of covered drugs, provider networks, benefits, copays and more. Your needs may have changed too. You may be treated for a new condition or take a new medication that may be more optimally covered by a different plan. According to a recent Forbes article, 90% of those surveyed were not in the most cost-effective Medicare plan for their prescriptions. Don’t be caught off guard when you go to the pharmacy or doctor next year and find that your drug or service isn’t covered or has a higher copay!

We may be able to help you save money during Open Enrollment

At just one open enrollment event last year, we saved beneficiaries a total of $31,000 by helping them find lower cost prescription drug plans.

Here are some examples from this one event:

  • Mrs. B saved $3900 due to one drug being dropped from her current plan’s formulary.
  • Mrs. K saved $4400 due to one drug being reclassified into a higher tier.
  • Mr L saved $9780 due to two out of his ten drugs being dropped from his current plan’s formulary.

We saved many others lesser amounts, in some cases about $100, others several hundred or thousands.

Links to 2021 Open Enrollment Information

Please check back soon. New information will be added as we receive it. Medicare Advantage Plans and Prescription Drug Plans detailed charts will be available by October 15. Medicare Parts A and B premiums and deductibles information will be available soon. Medigap charts will be updated in November.

Below are key dates related to open enrollment.

2021 Open Enrollment Calendar: Dates to help you plan

By September 30, 2020: Notice of Creditable Coverage
If you have drug coverage through an employer/union or other group health plan, your plan must tell you whether or not your drug coverage is creditable by September 30.

By October 1, 2020: Plan Annual Notice of Change (ANOC)
You’ll get a notice from your current plan by October 1 that explains any 2020 formulary, benefit design, and/or premium changes.

October 1, 2020: Plans start marketing for 2020 Coverage
Watch for information on TV and in your mailbox from plans in your area.

October 1, 2020: New 2021 plan information is on

By October 15, 2020: Plan Annual Evidence of Coverage (EOC): You’ll get a notice from your current plan with details about what the plan covers, how much you pay, and more.

First day you can change your coverage for 2021.

December 7, 2020: OPEN ENROLLMENT ENDS
Last day you can make changes to your current Medicare Advantage or Prescription Drug plan or join a new plan for 2021.

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