Wednesday, October 18, 2006

Medicare Web site features new tools for drug plans

www.medicare.gov has recently added new tools to its website that will let you compare drug plans based on deductibles, monthly premiums, monthly or yearly costs, and drugs that are covered.

November 15th through December 13th will be the enrollment period for the prescription-drug program.

When the program started in January, names couldn’t be found and people were paying more than they expected in co-pays and deductibles. With these new features and some experience under their belt, Medicare and Medicaid anticipate a much smoother enrollment this November.

This month, Medicare will be sending out books detailing options as well as a letter from the beneficiary’s current plan that will explain if any changes are being made to their coverage. Also, some plans are not going to be available this year in which case, a letter will be sent informing the beneficiary and a new plan will have to be chosen. The website will be most useful for those that must choose a new plan due to a discontinuation of their current one.

The site is now easier to read and has more features to help you compare and choose a plan that is right for you. For example, the site allows you to sort drug plans based on different categories such as premiums, and the site also features a cost estimator that will give you better information on what you can expect to be paying and how much it may cost you if you hit a gap in coverage. Also, the site will now let you create and ID and password that will store prescription information saving you time and trouble.

With these new improvements, Medicare and Medicaid should be able to better assist their customers through their website.

Source: Article by Suzanne Hoholik - Columbus Dispatch

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