If you are a Colorado resident living in Denver, Colorado Springs, Aurora, Lakewood, Fort Collins, Arvada, Pueblo, Westminster, Boulder, Thornton, Greeley, Longmont, Highlands Ranch, Loveland, Southglenn, or another Colorado city or town, MedicareSolutions.com has Medicare insurance plans in your area to help you attain the best coverage for your individual needs. This includes Adams, Alamosa, Arapahoe, Archuleta, Baca, Bent, Boulder, Broomfield, Chaffee, Cheyenne, Clear Creek, Conejos, Costilla, Crowley, Custer, Delta, Denver, Dolores, Douglas, Eagle, Elbert, El Paso, Fremont, Garfield, Gilpin, Grand, Gunnison, Hinsdale, Huerfano, Jackson, Jefferson, Kiowa, Kit Carson, Lake, La Plata, Larimer, Las Animas, Lincoln, Logan, Mesa, Mineral, Moffat, Montezuma, Montrose, Morgan, Otero, Ouray, Park, Philips, Pitkin, Prowers, Pueblo, Rio Blanco, Rio Grande, Routt, Saguache, San Juan, San Miguel, Sedgwick, Summit, Teller, Washington, Weld, and Yuma Counties.
Some of the Medicare insurance plans that we represent for Colorado residents are AARP/United Healthcare, Aetna, Blue Cross Blue Shield, Health Net, and Humana, including products such as Aetna Medicare Rx Essentials, Blue MedicareRx Value, AARP MedicareRx, AARP MedicareRx Preferred, Humana PDP Standard, and Humana PDP Enhanced.
The total number of Medicare Part D Prescription Drug plans is decreasing slightly from 2008 to 2009, from 55 to 53 plans. While the number of Basic Plans will decrease, there will be added Enhanced plans. What does this mean for you? If you currently have Medicare Part D, it is important to find out if your plan is increasing in premium, changing in coverage, or simply being eliminated. You can receive information about plan changes through MedicareSolutions.com, by calling in and speaking to one of our Medicare specialists.
In Colorado, the Extra Help or Low Income Subsidy Program provides assistance for eligible individuals in paying for Medicare Part D. In order to be eligible for this program, Medicare beneficiaries must have an income below $15,600 for individuals and $21,000 for a married couple. The benefit of the Extra Help program is that Medicare will pay the monthly premium for the Medicare Part D plan if the individual is enrolled in a stand-alone prescription drug plan or a portion of the monthly premium for Medicare Part D if an individual is enrolled in a Medicare Advantage plan such as an HMO, PPO, of PFFS plan. Individuals who are receiving the Medicare Savings Program, including Qualified Medicare Beneficiary, Special Low Income Medicare Beneficiary, or Qualifying Individual are automatically enrolled in Extra Help.
Eligible individuals pay $1.05 or $2.25 for generic drugs and $3.10 or $5.60 for brand-name drugs, depending on what their income is. Additionally, individuals are not subject to deductibles. Individuals enrolled in the Extra Help program are able to change plans monthly if they are not satisfied with the type of drugs covered or any other plan details.
Those not eligible for assistance are still able to assess and change plans at no cost. The time to do this is before Open Enrollment Period which is November 15-December 31. During this time those enrolled in Medicare insurance may change their plans at no cost. In the months leading up to Open Enrollment, it is important to reassess your plan and see if it fits your needs and budget. Discuss your options for Open Enrollment with one of our Medicare specialists.
