Medicare Open Enrollment Period is here! Plans can change from year to year even if your medications haven’t. A quick review can help you avoid surprises and find coverage that fits your needs and budget. Any plan changes made during this enrollment period take effect January 1, 2027.

​

A Few Things to Know for the year ahead​

• Prescription drug costs: The yearly out-of-pocket limit for covered Part D drugs will be $2,400, up from $2,100. Once you reach that limit, you pay nothing for covered Part D drugs for the rest of the year. Premiums and the GLP-1 bridge program do not apply to this cap.

• Drug-plan deductibles: The maximum deductible will be $700, although some plans charge less or have no deductible.

• Premiums and extra benefits: Drug-plan premiums and Medicare Advantage benefits may change. A temporary federal program that helped stabilize standalone drug-plan premiums ends after 2026, hence why making a review of your particular plan is important.

• Help with weight-management medications: The new Medicare GLP-1 Bridge continues through December 2027 for eligible people.

 

We’re Here to Help

If your Medicare Supplement premium has increased, we can review your options. We can also help with questions about Long-Term Care, Short-Term Care, Home Care insurance, Travel Medical insurance, and Life insurance. 

​

Need a hand? Call 888-808-0107 or email Info@Safeway-Group.com

​

Thank you for continuing to trust us with your insurance needs and for sending your friends and family our way this year. We appreciate you and look forward to helping you prepare for the year ahead.

​

Warmly,

Michael J. Cassin
President, Safeway Group Insurance Advisors