Your Money Matters: Open enrollment 2017 — choosing Medicare Part D or Medicare Advantage plans

Kim Lankford

Kiplinger Personal Finance Magazine

Reassess Your Coverage

Even if you're happy with your plan, you may be taking a new drug or your plan's coverage may have changed. With the open enrollment period recently beginning, you should ask yourself a few questions:

Will my monthly premium or out-of-pocket costs differ?

Has my medication been dropped from the formulary?

Will I need “prior authorization” on any of my medications?

Is there a preferred pharmacy near me?

Is there a plan better suited for me than my current plan?

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