|
||||||||||
|
||||||||||
Seniors Caught In Medicare Drug Coverage Gap Need to Wise UpSave on the "Paid For" Portion and Never Arrive At the GapResearch to 12-15-08 My Conclusions Harlan Jacobsen-Copyright © 2008 Drug savy is important for seniors to know, particularly those who land in Medicare Part D’s “doughnut hole” coverage gap. In 2008, standard Medicare drug plans will now pay only up to $2,510 for your annual prescription drugs, but drop coverage until expenses reach $5,726. This leaves beneficiaries with more than $3,200 in drug costs in big trouble (the "hole") for out-of-pocket catastrophe.. If you save half or better (for example switching to generics, and new $10 for 90 day drug wars like Walmart, Target etc) and on that paid for portion, your coverage is expanded to the equivalent of $5,000 - $8,000 before reaching the gap. These seniors that then do still get to this gap need to be especially aware of our cost-cutting strategies that can help them save up to 80% on these "gap" medications. Remember, be informed, you can easily do all this without cutting corners in any way on quality—or endangering your health in any way.. Read on, be informed, find which route will save you the most money. Sometimes you can combine them.
|
||||||||||