Preview your Medicare drug costs for 2022

Medicare’s Annual Election Period (AEP) will be here in a snap—it’s Oct. 15 through Dec. 7. During this time, if you’re eligible for Medicare, you can enroll in a Medicare Advantage Prescription drug (MAPD) or stand-alone individual prescription drug (PDP) plan.

You can also make changes to your current MAPD or PDP coverage.¹ For example, if you’re currently a member of a Humana PDP, you can switch to a Humana MAPD during AEP. Your new plan would take effect on Jan. 1, 2022.

We recommended using this time to preview your estimated drug costs with CenterWell Pharmacy®, and other pharmacies, if you’re interested in Humana MAPD or PDP coverage. By doing this, it may be easier to manage your drug costs and stay on track with your medications.

Drug List changes

The Humana Drug List*, also known as a formulary, includes all covered brand-name and generic medications on Humana MAPD and PDP plans. It’s common for the Humana Drug List to change from year to year.²

Here’s an example: Let’s say with your current 2021 Humana MAPD plan, you’re on a certain thyroid medication. However, starting in the new 2022 plan year, it’s no longer on your Humana Drug List. You may decide to switch to a new Humana Medicare plan that covers your thyroid medication or choose an alternative that treats this condition.

*The Humana Drug List is only accessible to current Humana members.

How to get started

To see your estimated out-of-pocket drug costs for 2022, take advantage of Humana’s free AEP shopping tool. The tool is simple to use. All you have to do is enter your ZIP code, select your plan type (MAPD or PDP) and add your medications.

You can also get information on available Humana MAPD and PDP plans in your area and confirm if your medications are covered.

To learn more about what you can do during AEP, visit Humana’s Medicare plans page. If you prefer to speak with a licensed Humana sales agent, please call 866-945-4481 (TTY: 711) Monday through Friday, 8 a.m. to 8 p.m., local time, or request an appointment online.

Sources

1. "Medicare Open Enrollment,” Centers for Medicare & Medicaid Services (CMS), last accessed July 26, 2021, https://www.cms.gov/Outreach-and-Education/Reach-Out/Find-tools-to-help-you-help-others/Medicare-Open-Enrollment.
2. “Medicare Open Enrollment.”