According to a study done by the University of California, Los Angeles and the University of Plymouth in the U.K., many Medicare beneficiaries find it hard to choose the most cost-effective Medicare Part D plan when there are so many plans to choose from. Beneficiaries often choose unnecessarily expensive plans and don’t realize that...
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The Medicare Part D plan is notorious for its so-called doughnut gap. The doughnut gap is the gap in coverage where beneficiaries generally start paying the full cost for their medicines. This happens when total drug expenditures by the beneficiary reach $2,700. This gap in coverage usually occurs during the summer or fall and...
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The deadline for Medicare Part D enrollment is approaching fast so if you haven’t already, it’s time to review your current Medicare plan to make sure it still offers the same benefits and prescription drugs to meet your needs. Whether you want to change your current provider or you’re a new enrollee, you have...
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