Finding an Appropriate Medicare Part D Rx Plan for 2026
During Medicare’s Annual Open Enrollment Period, October 15 through December 7, you may change your Medicare Part D prescription coverage. While your current plan will automatically renew if you don’t enroll in a new plan, costs may have increased for the premium and your medications, or the plan’s drug formulary may have changed.
To find a new prescription drug plan that is appropriate for you, go to Medicare.gov. Click “Find Health and Drug Plans”, enter your zip code, and select “Medicare Drug Plans.”
Add medications, select dosage, quantity, and frequency, then choose up to five pharmacies. Medicare.gov will show available plans, premiums, and drug costs for you to compare.
If you’d prefer a new prescription drug plan, you must enroll during Medicare’s Annual Open Enrollment Period, October 15 through December 7. Plan changes made during the Medicare Open Enrollment Period will be effective January 1, 2026.
It’s highly recommended that you evaluate your prescription drug coverage annually. For more information or if you have Medicare questions, please contact Steve Frazier, Towne Benefits, SteveFrazier@townebenefits.com.
Medicare CMS Disclosure: We do not offer every plan in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-Medicare to get information on all of your options.
Insights & Perspectives
The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation.
Insurance products offered through Towne Benefits, a subsidiary of TowneBank, are Not bank deposits or obligations, Not FDIC-insured, and are Not guaranteed by TowneBank.