| 2012 Medicare Drug Plan Center |
DOWNLOAD CENTER Medicare Prescription Drug Coverage Rights |
Copyright 2000-2012, Mitchell's Park Street Pharmacy, Inc. All Rights Reserved. |
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THE OPEN ENROLLMENT DEADLINE FOR PART D PLANS HAS EXPIRED.
YOU MAY STILL BE ABLE TO ENROLL IN A MEDICARE ADVANTAGE
PLAN. CALL MEDICARE FOR DETAILS.
"DONUT HOLE" IS SHRINKING
The "donut hole" is shrinking. In 2012, when you enter the "donut hole" you will
receive a 50% discount on brand name prescriptions and 14% discount on generic
drugs.
IMPORTANT NOTICE: Medicare Advantage Plans
Virtually every Medicare drug plan is now selling Medicare Advantage Plans. These
plans are "cheaper" because they offer one premium (usually what you would
normally pay for traditional Medicare Part A & B) for hospital, doctor and drug
coverage. The "catch" is that these plans work very similar to an HMO. When you
choose a Medicare Advantage Plan, you cannot have traditional Medicare Part A & B
and you will pay deductibles and, in some cases, percentages of your costs. You
cannot have any supplemental insurance plans to cover those costs. There are some
Medicare Advantage Plans that do make sense for some patients. The pharmacy
urges caution when deciding whether to enroll in a Medicare Advantage Plan.
Consider every factor when making this decision. CAUTION: Read the section
on Medicare Advantage plans carefully in your 2012 Medicare & You
Handbook before making any decision.
Special Enrollment Information
Individuals that have Medicaid/Medicare can change plans every 30 days. If you
enter a nursing home or just become eligible for Medicare, you can enroll in or
change plans.
Deductibles
The law also requires plans that choose to have deductibles to set those deductibles
at certain amounts unless they get special approval for a lower deductible. In 2012,
the deductible is $320. Some plans did get approval for lower deductibles.
Formularies
The law allows companies to set their own formularies. A formulary is a list of
drugs that are covered by a particular plan. These formularies can and often do
change during the year. Just because your medicine is no longer covered by a plan
you still cannot change plans until the next open enrollment period.
YOU MAY STILL BE ABLE TO ENROLL IN A MEDICARE ADVANTAGE
PLAN. CALL MEDICARE FOR DETAILS.
"DONUT HOLE" IS SHRINKING
The "donut hole" is shrinking. In 2012, when you enter the "donut hole" you will
receive a 50% discount on brand name prescriptions and 14% discount on generic
drugs.
IMPORTANT NOTICE: Medicare Advantage Plans
Virtually every Medicare drug plan is now selling Medicare Advantage Plans. These
plans are "cheaper" because they offer one premium (usually what you would
normally pay for traditional Medicare Part A & B) for hospital, doctor and drug
coverage. The "catch" is that these plans work very similar to an HMO. When you
choose a Medicare Advantage Plan, you cannot have traditional Medicare Part A & B
and you will pay deductibles and, in some cases, percentages of your costs. You
cannot have any supplemental insurance plans to cover those costs. There are some
Medicare Advantage Plans that do make sense for some patients. The pharmacy
urges caution when deciding whether to enroll in a Medicare Advantage Plan.
Consider every factor when making this decision. CAUTION: Read the section
on Medicare Advantage plans carefully in your 2012 Medicare & You
Handbook before making any decision.
Special Enrollment Information
Individuals that have Medicaid/Medicare can change plans every 30 days. If you
enter a nursing home or just become eligible for Medicare, you can enroll in or
change plans.
Deductibles
The law also requires plans that choose to have deductibles to set those deductibles
at certain amounts unless they get special approval for a lower deductible. In 2012,
the deductible is $320. Some plans did get approval for lower deductibles.
Formularies
The law allows companies to set their own formularies. A formulary is a list of
drugs that are covered by a particular plan. These formularies can and often do
change during the year. Just because your medicine is no longer covered by a plan
you still cannot change plans until the next open enrollment period.
HELPFUL CONTACT NUMBERS AND WEBSITES MEDICARE 1-800-MEDICARE SOCIAL SECURITY 800-772-1213 TRICARE 888-363-5433 TRICARE for Life 866-773-0404 Veterans Affairs 800-827-1000 Railroad Retirement 800-808-0772 OUR CUSTOMER'S Community CCRx 866-684-5353 Humana 800-851-1629 * The pharmacy does accept other plans and does not endorse any particular plan. However, these plans are the most popular among our patients. |