Medicare Information and Plan Comparisons

Posted by:  :  Category: Medicare

While health care was not central to the 2016 Presidential campaign, the election’s outcome will be a major determining factor in the country’s future health care policy. A number of issues have garnered media attention, including the future of the Affordable Care Act (ACA), rising prescription drug costs, and the opioid epidemic.
Source: medicare.org

Medicare Plan Finder, Part D, and Prescription Drugs

You need to compare them according to the drugs that you take. It’s the specific drugs you take (and not the amount of the premiums or deductibles) that most determines what you will spend out of pocket under any plan. (In fact, the plans vary enormously in the copays they charge, even for the same drug. In some cases, the same drug can cost more than $100 for a 30-day supply in one plan than in another.) The most effective way to make a comparison is to use the online tool on Medicare’s website.  Click on “Find health and drug plans” on the home page. Then enter your ZIP code and the exact names of all the drugs you take, their dosages and how frequently you take them. The results will show which plans cover your drugs and your likely out-of-pocket expenses, month by month through the whole year.
Source: aarp.org

Joining a health or drug plan

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Source: medicare.gov

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