The original version of the Medicare Plan Finder Tool is going away, and won’t be available to review your 2020 Part D drug plans. And, if you have Drug List ID and Password Date from previous years, you won’t be able to use it with the new Plan Finder. Change is hard. But, my newest video will walk you thru how to access Medicare’s new Plan Finder, so you can find the right Part D drug plan in 2020.
Medicare Plan Finder Tool
How to Use the New Medicare Plan Finder Tool
There are two ways to access the new Medicare Plan Finder Tool: 1) If you have a mymedicare.gov account, you can log into your account and review current drug plans. It’s a great idea to create a mymedcare.gov account (if you have a Medicare number) since this is the only way your medications will be saved; which allows you to review your options in subsequent years. 2) If you don’t have a Medicare number, then you can’t create a mymedcare.gov account and save your list of medications. However, you can still use Medicare’s new Plan Finder tool to review your prescription drug plan options without saving your medications.
Be on the lookout!
In September or October of each year, your current Part D (drug) plan company will mail you an Annual Notice of Change. This is an important notice explaining changes to your plan for the upcoming year. Note, some insurance companies are making changes that can impact you, so it’s important to pay attention to the Annual Notice of Change.
Final Thoughts
Like many things that are updated, the new Medicare Plan Finder Tool has its advantages and disadvantages. Similar to the Seniors Life Insurance Finder, it may take some time getting used to. If you have any questions about Medicare or need help with your Medigap plan, please contact us today.
Joann Quinn is the Chief Compliance Officer and Cofounder of REMEDIGAP. She is a licensed Medicare agent in 47 states. Her main role is to provide essential resources and tools to educate eligible individuals on Medicare. Joann provides helpful Medicare education to thousands of viewers with our popular REMEDIGAP YouTube channel. With expertise in Medicare Supplement, Medicare Advantage, and Medicare Part D, Joann is a highly knowledgeable and sought after Medicare insurance professional.
