Medicare’s New Drug Benefit: Worth The Effort By Tom Paul, Chief Pharmacy Officer of Ovations, a UnitedHealth Group company
With Medicare’s new prescription drug coverage program, “Part D,” you could pay $5 or less for many of your prescription medications.
Because the program is still new, understanding how it works can seem challenging. Here are a few tips to help you get started.
Step 1: Don’t go it alone
• Talk to other seniors who have gone through the process. To date, surveys show the majority of people who have signed up for a Part D plan say their efforts to understand the plans and enroll are worth it.
• Take advantage of meetings available in your community to help you understand the drug program and to get assistance signing up. Check with the local AARP office, local senior centers, the library, your health insurer or other experts for educational events.
Step 2: Learn As Much As You Can
• Go to libraries, publications and your Medicare & You handbook for toll-free phone numbers of the plans available in your area.
• If you think you may qualify for...