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How to Choose a Medicare Drug Plan - 1-877-88KEITH (53484)
 
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How to Choose a Medicare Drug Plan. Complete Medicare Resource Center here: http://www.MedicareonVideo.com 1-877-88KEITH (53484) Important Points to Know about Obtaining Medicare Drug Coverage When enrolling for Medicare you can get coverage for prescription drugs. Medicare drug coverage is available through private insurance companies approved by Medicare. There are different ways to obtain the coverage with associated costs that vary depending on other coverage used with this plan. It is important to know how this works with other insurance you have in order to get the best coverage. Here is what you need to know about this option. How Do You Get Coverage You have two options to get drug coverage including through Medicare Part C Advantage Plan or through Part D Prescription Drug Plan. The most common way is through Part D. This plan can be used with original Medicare and other plan option such as a Medical Savings Account (MSA) or Medicare Cost Plans. Part C or Medicare Advantage Plan includes using a PPO or HMO along with benefits similar to Part A and B. You may be required to sign up for Part A and B in order to obtain Part D with Part C. Medicare drug coverage options may vary and could change depending on what Part C covers. Associated Costs and Getting Help Your income will determine how much you pay toward prescription drugs. If you receive Social Security you can have costs deducted from your Social Security payment. You may be required to satisfy an annual deductible before the drug coverage starts to pay. You may be required to pay a copay or coinsurance after paying a deductible (if your plan has this requirement). There are drug plans with different tiers that show how much you could pay depending on related costs. Generic drugs may have cheaper copay than name brand. The copay can be anywhere from a few dollars to $10 or so. The coinsurance is roughly a percentage of what the beneficiary pays before Medicare insurance covers costs. An example may be 20 or 25 percent. When you pay for drugs you are paying for a month supply unless stated otherwise. There is potential for out-of-pocket costs to be paid by the beneficiary if the insurance does not cover the cost, but in few cases this is rare. Additional Tips on Drug Coverage You can get help paying for Medicare drug coverage if you qualify. You may need to provide proof of documentation to show your eligibility for assistance. Such options may allow you to pay just a few dollars for medicine. You can obtain help when you are receiving medication and before your supply runs out for the month. The amount you pay for your plan varies based on drugs used, plan option, where you go to obtain prescriptions, if the drug is on the formulary approved by Medicare, and whether you qualify for assistance in paying for drug costs. You may qualify for assistance by your state if you receive Medicare Part A and/or Part B coverage. Enroll for coverage during the initial period to avoid paying penalites. Subscribe Here for More Medicare Tips: https://goo.gl/jzN8Rn Watch My Most Recent Video Here: https://goo.gl/jzN8Rn ================================================== QUICK AND EASY MEDICARE SUPPLEMENT QUOTES http://www.medsupsavings.com/ Facebook: https://www.facebook.com/pages/Med-Sup-Savings/1709195569306815 Twitter: https://twitter.com/MedSupSavings LinkedIn: https://www.linkedin.com/pub/keith-armbrecht/5/11b/3a0 YouTube Channel: https://www.youtube.com/user/BigHealthGreatWealth
Views: 19259 Keith Armbrecht
Medicare Part D - 5 Things To Know Before You Enroll in a Part D Plan
 
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Call (888) 310-0376 to Compare all Medicare Part D Plans in Your State. Get Instant Access to my Medicare mini-course. Visit: http://medicare-mini-course.com In this video I explain 5 things you should know about Medicare Part D before you enroll. There have been significant changes to the Part D program since its inception in 2006. Visit http://affordablemedicareplan.com and get access to hundreds of articles on Medicare Part D, Medicare Advantage and Medicare Supplement insurance. There have been changes to enrollment periods, how premiums are calculated as well as adjustments to the Standard Benefit Model. Some things haven't changed such as who is eligible to join and how plans work. Here are 5 things you should know about the Medicare Part D program and Part D plans in particular. One. You need to know what Part D is and how it works. So what is Medicare Part D? Part D is optional prescription drug coverage for Medicare beneficiaries who are enrolled in both Medicare Parts A and B. Although Part D is optional, you should enroll when you first become eligible or potentially be subject to the Part D penalty which will have an impact on what you pay for as long as you are enrolled in a plan. Part D is offered by private insurance companies and is not part of original Medicare. Plans are offered by service area and you must live in a service area to be eligible for a plan. You can get Part D in one of two ways; you can enroll in a stand-alone plan (PDP) or you can enroll in a Medicare Advantage Plan that includes drug coverage. Plans are effective for one calendar year. Two. Understanding the terminology of Part D is important. Medicare Part D Premiums -- Premiums are paid monthly and have ranged in the low to mid $30 range for the past few years. Part D Deductible -- The deductible is the amount you may be required to pay prior to your plan paying a share of prescription drugs. Part D copayment / Coinsurance -- This is the amount you pay at the pharmacy. Drugs are place in tiers and normally a plan has four or five tiers. Initial Coverage Limit -- This amount is set annually by Medicare and will be the same for all plans. It is the amount both you and your plan will pay prior to you reaching the Part D coverage gap. Medicare Part D Donut Hole -- This is the coverage gap that you may enter if you exceed the initial coverage limit. Part D Catastrophic Coverage -- This phase is reached after you have spent a fixed amount in the Donut Hole, currently $4750. During this phase you will pay very small copayments or coinsurance amounts for your drugs. Third. You should understand the Medicare Part D enrollment periods. There are 3 types of Part D enrollment periods. When you first become eligible you have a seven month window to submit an application. If starts three months before the month you turn 65 or if you will receive Part D due to a disability it will start 3 months prior to your 25th month of disability. The Part D Annual Election Period is the time to compare Part D Plans because you are able to switch, drop or enroll in a plan. Part D Special Enrollment Periods are time that you can enroll in a plan, normally due to a change in your individual circumstances. Such as, moving from a plan's service area or losing other creditable drug coverage like from an employer or union (including (COBRA). If you live in a nursing home you also are entitled to a Special Enrollment Period. The 5 Star Special Enrollment Period allows you the opportunity to switch into or enroll in a 5 Star-rated plan once per year. Plans are rated from one to five stars by Medicare and are a reflection of the experience people who have been in enrolled in the plan have had. You are allowed to enroll between December 30th and November 8th. If you qualify for Medicare extra help you can change plans anytime. Fourth. You must know how to conduct a thorough comparison of Medicare Part D plans. You can see all available plans for your service area at the Medicare Plan Finder at medicare.gov. But don't choose a plan based on premium alone. There's a lot more to plan cost than the monthly premium. Start your search for the best plan by exploring the Medicare Part D formulary for each plan. The formulary is the list of drugs which are covered by a plan. There is no universal Part D formulary, each plan will be unique. Formularies are either Basic or Enhanced. Making sure all your drugs are covered is your number one goal. Also compare: Plan Deductibles Copayments and Coinsurance amounts Pharmacy Networks Part D Mail Order benefits Fifth. You should be aware that your Part D premium may not be what is published at medicare.gov. Premiums are now tied to your annual income. If you qualify for Medicare extra help, you may pay $0 premiums, but if you earn over $85,000 as an individual or over $170,000 filing jointly, you are going to pay more.
Views: 185592 David Forbes
Medicare Part D | Easy Steps to Find the Right Part D Plan
 
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https://www.remedigap.com | 888-411-1329 Medicare Phone Number: 1-800-633-4227 www.medicare.gov Dealing with the thought of Medicare Part D might seem overwhelming, but today I’m going to show you how easy it is to find the right Part D plan using Medicare’s Plan Finder Tool. So, why is it important to use Medicare’s plan finder tool, instead of just buying the Part D plan your friend, spouse or neighbor uses? Well, there are more than 20 part D plans available and they’re not a one size fits all type of insurance coverage. Just because your friend’s plan works well for them, doesn’t mean it will work for you and your medications.The point is to find a Part D plan that covers your existing medications for the least amount of money. And, thankfully, The Plan Finder tool provides you with an annual estimate of costs based on your medications..so you can make an informed decision about your Part D Plan. To learn more about Medicare, sign up for my free Medicare eCourse -- you learn on your schedule. I cover all the parts of Medicare, enrollment periods, deadlines, penalties, Medicare Supplement insurance and more. Our Medicare eCourse can be found by clicking on the link below: https://www.remedigap.com/ecourse/
Views: 20761 REMEDIGAP
Medicare Part D 2018 (Prescription Drug Coverage)
 
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Medicare Part D 2018 (Prescription Drug Coverage) 844-528-8688 Get Free Medicare Academy Video Course: https://mymedicaresupplementplan.org/medicare-academy-enrollment/ Call 1-844-528-8688 for FREE quote on your Medicare Supplement Medicare Part D has several moving parts, there is a premium, deductible (with some plans) and copay of some sort for your drugs after the deductible. You can get all the details here https://youtu.be/oKHq3H1IkF0 Every plan has different prices and costs but the main components are the same and the cost of the donut hole or coverage gap is universal across all Medicare Part D 2018 (Prescription Drug Coverage). The amount of the different stages are all set by Medicare and change every years. In 2018 Medicare Part D Plans the donut hole is less than in 2017 and that should continue for the next few years. You must remember that the amount of money spent during the initial phase is what you AND the Medicare Part D Plan spend. After that the amount spent to get out of the coverage gap is only what you spent (called True out of pocket), it has nothing to do with what the prescription drug plan has spent. _________________________________________________________________ **Dont miss a single Medicare Supplement video Click Below to SUBSCRIBE** https://www.youtube.com/channel/UCpeawY2B_hUuZhV26QAwRuQ?sub_confirmation=1 _________________________________________________________________ Loran Marmes Medicare Solutions Team https://medigapinfo.net/ Facebook: https://business.facebook.com/medicaresolutionsteam
Views: 5511 Medigap TV
Silverscript Part D vs. Humana vs. AARP & Other Medicare Prescription Drug Plans
 
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Call 1-800-892-7981 or visit http://medicarefriend.com/ Hi there, I'm Glen with the Medicare friend. I have given advice to thousands of folks that are turning 65 and getting onto Medicare for the first time, and what I tell them is conveniently located below for you: Silverscript Part D vs. Humana vs. AARP & All Other Medicare Prescription Drug Plans You're getting ready for Medicare and you are wondering how in the world are you going to get your prescriptions covered and everybody is starting to mail you stuff. Silverscript and AARP and Humana- Humana is so hot right now! AARP is the one that your sister or brother or friend or mother or neighbor has and they love it so is that the best one for you? The correct answer is Maybe... Here's why- unlike Medicare supplements that are all standardized and have to offer identical benefits- Medicare Part D prescription plans can be very different. Each of these Insurance Companies gets to decide how much your specific prescription that you're taking is going to cost. Here's where it gets a little shifty- if a company is boasting that they have a $0 deductible that doesn't mean anything because they may have a much higher co-pay then the next one. And the company with the higher deductible could say that your prescriptions are in a lower-tier on their formulary. And ultimately you would end up paying less for the company with the higher deductible. Better yet some companies with high deductibles can say for your prescriptions, the deductible doesn't apply to them in the first place. And best of all some of the part D plans offer free 3 month supply prescriptions through the mail order. Each person that our team helps gets a thorough analysis on medicare.gov so they will know to the penny what they will pay on one plan versus another. So you can make sure you have the Best Plan! And another nice thing is every year we revisit this with you and make sure you are still in the Medicare Part D plan that saves you the most money overall. So if you get more prescriptions later, you're not stuck, you can switch to a plan that covers your new prescriptions the best. Call us now for a free consultation- We make this SO Easy for you! Talk to you soon. Here at the Medicare friend, we shop the entire market for you, because all we want is to see you happy, with great coverage, and keeping as much money in your pocket as possible. We have NO OTHER MOTIVATION than to give you the best of the best. Call us now or visit us at Medicarefriend.com to schedule a free consultation. Watch this video as well about finding the right Prescription Drug Plan: https://www.youtube.com/watch?v=00L_u7mGMPY&list=PLTdiZbMaqckKnSydt7Z_ROR4bUynHY9vl&index=3 Remember to subscribe to our channel for more valuable information. You can first visit our channel at: https://www.youtube.com/channel/UCoh8cpq6xjK567cg6pJ2Fng Visit our playlist: https://www.youtube.com/playlist?list=PLtQT-O3RJCf-1f-ObY4bzfQxso4LGkE4P Also searched: silverscript part d formulary Humana medicare drug plan affordable
Views: 4324 The Medicare Friend
How to find the best Part D Drug Plan
 
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http://SeniorSavingsNetwork.org 1-800-729-9590 This explains how to find the BEST Part D drug plan for seniors when turning 65 or during the Annual Election Period. For complete, unbiased help in obtaining the lowest total cost Part D plan, you really must go through the Medicare.gov Plan Finder tool OR (better) use their call center which is open 24 hours a day. The best tip is to call the call center late at night, so that you do not have to wait on hold. best part d drug plan when turning 65 best part d drug plan for 65 year old best medicare drug plan for 65 medicare drug plan search search part d plans I-M-P-O-R-T-A-N-T L-I-N-K-S Best Medicare Plan Information 1-800-729-9590 Call 24 hrs Our site: https://SeniorSavingsNetwork.org (Secure) Follow us on Facebook: https://www.facebook.com/SeniorSavingsNetwork/ Best Medicare Videos: https://seniorsavingsnetwork.org/bestvideos Subscribe here on Youtube: https://seniorsavingsnetwork.org/youtube Make sure to also click on the BELL icon when you subscribe! Our service is 100% Free and we have the same rates the carriers have, directly, so you get us for free!
Views: 138923 Christopher Westfall
Medicare Drug Plan The Basics of Part D
 
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Medicare drug plans, the basics of Part D is the topic of this video. Pharmacisttips.com/medd Topic Covered Include: What is Part D? Costs of Part D Medicare Drug coverage Open Enrollment Donut Hole or the Coverage Gap Ways to reduce the cost Prior Authorizations Medications not covered Extra Help How to contact Medicare
Views: 626 Pharmacist Tips
MEDICARE "PART D" PLAN - Get Extra Help with Drug Costs
 
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http://www.FirstMedicareAdvisors.com - - Recorded Hotline: 1-800-958-8171 - Office: 1-800-825-2919. - - Email: info@firstmedicareadvisors.com - - PS: No Sales Pitches Ever! We hate'em as much as you do! http;//www.socialsecurity.gov/extrahelp This video explores the importance of knowing about various programs that can help lower your Part D Drug Plan costs. Let’s face it, there are times when every dollar counts. You may qualify for big savings on your Part D prescription drug costs and don’t even realize it! In fact, if you receive Medicare, you may be eligible for the Extra Help program. This program could save you roughly $4,000 per year on your monthly premiums, annual deductibles, and prescription co-payments. To qualify for Extra Help, you must be receiving Medicare, have limited resources and income, and reside in one of the 50 states or the District of Columbia. To find out if you qualify, Social Security will need to know the value of your savings, investments, real estate, other than your home, and your income. They will also need information about you and your spouse, if you are married and living together. To apply for Extra Help, you need to complete Social Security’s Application for Extra Help with Medicare Prescription Drug Plan Costs. They have a secure online application at socialsecurity.gov/extrahelp. You can also find the link down in the description box for this video. The website also has self-help screens that guide you through a series of questions. You can apply from your home, or from computer that is convenient to you. You can start and stop the application at any time, and go back later to finish it. If you choose, you can apply for Extra Help over the phone by calling 1-800-772-1213 or visit your local Social Security office. What will happen after you apply, Social Security will review your application and send you a letter letting you know if you qualify for Extra Help. Once you qualify, you can choose a Medicare prescription drug plan. Also when you file your application for Extra Help, you can also start an application for a Medicare Savings Program — state programs that are available to help you with Medicare costs. Make sure you aren’t missing out on these easy savings. The sooner you apply, the quicker your savings begin. If you have a question or need help with these different parts of Medicare feel free to give us a call at either our Recorded Hotline. That number is 1-800-958-8171 and then record your question or request. The best way is to call my office direct at 1-800-825-2919. You’ll get an answer to point you in the right direction.
Views: 381 Dale Stringer
2019 Part D Drug Plan Updates
 
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The 2019 Part D drug plans have been released and there have been a few changes made. In order to better understand these changes, you need to understand how drug plans work. Most drug plans have 4 levels of coverage: Deductible Level, Copay Level, Coverage Gap and Catastrophic Level. The updates made to the Part D drug plans are as follows: 1. The standard deductible is $415. Keep in mind that a lot of carriers are offering a “Tiered Deductible”, meaning that the deductible does not apply to Tier 1 and Tier 2 medications. So, one would pay a small amount for Tiers 1 and 2 from the start. 2. The copay level, the plan pays 75% of their negotiated cost and the client pays 25% as their copay. Different plans get certain medications for lower and higher costs (formulary). This is one reason it is important to shop your Medicare Part D plan every year. 3. Coverage Gap (Donut Hole): Once the client and the Medicare Part D Plan have paid $3.820 for the medication costs, the client enters the Donut Hole. Great news! The Bipartisan Budget Act of 2018 moved up the date for closing the Donut Hole for brand name medications to 2019. This means, that for brand name medications, even when you enter into the Donut Hole, your copay will stay 25%. This should save many people a lot of money. Clients will still pay 37% of the costs for generic medications, but this is usually still a relatively small amount because most generic medications are affordable. 4. Once the client enters the Catastrophic level, when both the client and the Medicare Part D plan have paid $5,100, the plan will pay 95% of the cost and the client will be responsible for only the remaining 5%.
Views: 372 Robert Bache
Medicare Part D Prescription Drug Plan (Mistakes to Avoid)
 
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Medicare Part D Prescription Drug Plans. What you need to know about Medicare Part D prescription drug plans and the mistakes you must avoid. Making a mistake with Part D can be the most expensive mistake you make in Medicare. https://medigapseminars.org An independent Medicare Insurance broker 800-847-9680 FSee also: https://youtu.be/eIO9hg755zk See all our free Medicare educational videos here: https://medigapseminars.org/on-demand-webinar/ This video reviews what you need to know about Medicare part D prescription drug plans. We discuss the two ways you can get a prescriptions drug plan, when you can enroll and penalty. best part d drug plan when turning 65 best part d drug plan for 65 year old best medicare drug plan for 65 medicare drug plan search search part d plans
Views: 8778 MedigapSeminars.org
3 Tips to Save $ on Drugs with Medicare Part D
 
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http://www.abtinsuranceagency.com (888) 465-9728 Find Free Coupons at: http://www.goodrx.com Apply for Extra Help with Part D Drug costs at: https://www.ssa.gov/benefits/medicare/prescriptionhelp/ Find Pharmaceutical assistance programs: https://www.medicare.gov/pharmaceutical-assistance-program/ Many folks who are turning 65 or getting onto Medicare for the first time find that the overall health coverage they experience as a Medicare beneficiary is more robust, and often less expensive than the health insurance coverage they had prior. But often times people are surprised to learn that they will actually pay MORE for their medications when they are on Medicare. Medicare drug coverage can be obtained either through a stand alone Part D drug plan, or through a Medicare Advantage Plan that includes Part D drug coverage. Every year, Medicare has a set formulary, or list of drugs that all Medicare Part D drug plans must cover. Aside from that, plans can differ in which medications they include in their particular formulary. Medicare has no “cap” on your out of pocket drug costs, and if you’re taking expensive medications you may fall into the “donut hole” or coverage gap. This means that when you reach a certain spending threshold, you’ll be responsible for a greater portion of the cost of your drugs. If you find that your Medication costs are getting too expensive, there are a few alternatives I like to recommend. 1. Pay cash without using your insurance card, and use coupons for discounts. My favorite website to recommend is goodrx.com — this site will let you know which pharmacies in your areas have the lowest prices for certain medications, and the site provides free coupons for many drugs as well. If you are at a risk for or close to reaching the Medicare “donut hole” this year, sometimes paying cash for some your less expensive generic medications can help you avoid the coverage gap. 2. Apply for Extra Help through the government. Certain Medicare beneficiaries can qualify for Extra Help with their Medicare prescription drug plan costs. This Extra Help is estimated to be worth about $4,000 per year. To qualify for the Extra Help a person must be receiving Medicare, have limited resources and income. In 2018, in order to qualify for extra help your combined savings, investments, must not be worth more than $28,150 if you are married, or $14,100 if you are not currently married or not living with your spouse. Resources like your home and your car don’t count toward this qualifying amount. To apply for extra help, you can go online to ssa.gov, or call social security at 1–800–772–1213. 3. Look into Co-pay cards, or Pharmaceutical assistance programs. Many pharmaceutical companies offer financial assistance programs for the drugs they manufacture. For folks talking expensive specialty medications for chronic conditions, you can often save thousands of dollars on your medications if you qualify. Qualification criteria will vary based on the drug manufacturer. To see if you qualify, visit https://www.medicare.gov/pharmaceutical-assistance-program/. Lastly, many folks tend to go on auto pilot when it comes to their stand alone Part D coverage. It is so important to shop your Part D drug plan annually during the Medicare Annual Election Period, which runs every fall from Oct. 15th — Dec. 7th. Each year your Part D Plan benefits can change, the formulary and tiers can change, and it’s important to review your policy annually to maximize your savings. Please feel free to call with questions at anytime - (888) 465-9728, or email stephanie@abtinsuranceagency.com
Medicare Part D - Prescription Drug Plans
 
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This 30 minute video describes what Medicare Part D is, how it works and how to go about selecting a plan. This is a big subject that can't be totally covered in 30 minutes, but I hope this video will make it a bit clearer.
Views: 129 Todd Dunn
Medicare Open Enrollment 2018 - What to do... What not to do...
 
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Medicare Open Enrollment 2018. Complete Medicare Resource Center here: http://www.MedicareonVideo.com 1-877-88KEITH (53484) Medicare Open Enrollment 2018 starts from October 15th to December 7t h. During this time, all Medicare members can update or alter their medical protection schemes. This includes changes to current Medicare healthcare plans that will come into effect in 2019. Learning of the purpose for enrollment and the options available, can help you best prepare for updated medical and prescription coverage. Your Options for Medicare Enrollment 2018 During the Open Enrollment period for Medicare, all registered members are provided the chance to change their healthcare plan. If you wish to upgrade your prescription cover or completely change your general healthcare program, the Medicare Open Election period 2019 allows you to do so easily and conveniently. You can upgrade your Medicare Advantage Plan or your Medicare Part D plan or prescription benefits. Qualifying seniors over the age of 65 years who qualify for Medicare plans may find their cover insufficient for their specific wellness, clinical and chronic care needs. Unfortuantely, you cannot alter your coverage halfway through the year if you find it does not provide what you are looking for. The enrollment period between October and early December offers the chance to make these amendments that become active in January 2018. For Medicare Advantage or prescription cover, members can complete their updates during the stipulated enrollment period with ease. There is no need to register membership for the change in protection or fill out lengthy and complex forms. For those who reside in a chronic care facility or have received a diagnosis of End Stage Renal Disease, you will not be eligible to enroll for the Medicare Advantage Plan at this time. Notice of Change You may receive an Annual Notice of Change or ANOC for the enrolment period, but documents received through the course of the year concerning your healthcare plan should be reviewed. If you wish to alter the policy, you must learn which options or modifications to plans, can better meet personal health needs. Remaining aware of policy features including the extent of cover, benefits and costs can help you determine whether your current medical care plan is sufficient for the new year. If you are satisfied with your protection, simply leave the cover unchanged and it will continue into the new year. Where dissatisfaction with a policy is apparent, be sure to amend your cover during the 2018 Medicare Enrollment period. Enrollment Restrictions You cannot register for a Part B Medicare plan if you are applying for cover for the first time during enrollment. If you are interested in changing your coverage from a Medicare Advantage to a Medigap plan, it cannot be initiated without completing a medical questionnaire. Important Medicare 2018 Enrollment Considerations Learn whether your current prescriptions will continue to be covered in the new year. Part D Medicare patients may be protected for specific prescriptions in 2018 only to have to pay a deductible or co-payment for a certain category of medication owing to changes in suppliers. Your Open Enrollment allows you to update your prescription policy ensuring your medication is comprehensively covered in 2018. During an Open Enrollment, carefully assess your plans to prevent excessive costs for your healthcare in the new term. Subscribe Here for More Medicare Tips: https://goo.gl/jzN8Rn Watch My Most Recent Video Here: https://goo.gl/jzN8Rn ================================================== QUICK AND EASY MEDICARE SUPPLEMENT QUOTES http://www.medsupsavings.com/ Facebook: https://www.facebook.com/pages/Med-Sup-Savings/1709195569306815 Twitter: https://twitter.com/MedSupSavings LinkedIn: https://www.linkedin.com/pub/keith-armbrecht/5/11b/3a0 YouTube Channel: https://www.youtube.com/user/BigHealthGreatWealth
Views: 27169 Keith Armbrecht
How to Enroll in Medicare Part D Drug Plan | ExpertMedicare.com
 
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https://expertmedicare.com 1-888-228-6119 In this video, Keith Murray of Integrity Senior Solutions shows you how to navigate the Medicare.gov website to compare drug prices and enroll in a plan. Medicare Part D Enroll in drug plan Medicare Prescription Plan Medicare Part D premium Part D Plans Help with Medicare Independent Medicare Agents Georgia Medicare Part D Nebraska Medicare Plans Best Medicare Drug Plans Cheapest Prescription Drug Plan in Medicare Part D Donut Hole
Views: 239 Keith Murray
Medicare Prescription Drug Plan (Part D): The Basics
 
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All Medicare Prescriptions Drug Plans function that exact same way. It doesn't matter whether they are Stand Alone Drug Plans or attached to a Medicare Advantage Plan. This video will show you how they function and give you the good, the bad and the ugly of Medicare Prescription Drug Plans. www.graham.life
Medicare How To Find The Best Part D (Prescription Drug Plan)
 
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Medicare Part D Prescription drug Plan. How To Find The Best Medicare Part D Prescription Drug Plan Shop for the best Medicare Part D Plan. Call us at 800-847-9680 Our other YouTube Videos: https://www.youtube.com/channel/UC4vgYKig-7gkHDsBTIlR_3A https://medigapseminars.org An independent Medicare Insurance broker See our other educational Medicare videos here: https://medigapseminars.org/on-demand-webinar/ https://www.medicare.gov Have questions? Call us at 800-847-9680 How to shop for the best Medicare Part D Plan for you, using Medicare.gov. Never just accept a broker or agent recommendation for a Part D drug plan! They are all different and the cost difference can be substantial! Use Medicare.gov to shop for the best plan. It is the only resource that lets you compare all the plans available. We take you on a step-by-step guide through the process so that you can be confident you have the best plan and lowest price available ....all via Medicare.gov best part d drug plan when turning 65 best part d drug plan for 65 year old best medicare drug plan for 65 medicare drug plan search search part d plans
Views: 11140 MedigapSeminars.org
2019 Medicare Part D Prescription Drug Coverage Election
 
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Find your Medicare Part D Prescription Drug Coverage for the 2019 year by one of two ways: Call Medicare directly at 1-800-MEDICARE or follow my click by click tutorial of how to find you Part D drug plan on Medicare.gov. Any questions please reach out: 512-677-7374
Views: 482 Gentry Ferguson
Medicare Part D and Prescription Drugs
 
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http://www.MedicareMadeClear.com - Are your prescription drug costs covered? For Medicare recipients, this is where Part D plans can help. Whether by itself or part of a Medicare Advantage plan most Medicare recipients need Part D plans to help reduce out-of-pocket drug expenses. Y0066_101101_095633 File & Use 11062010
Views: 111148 Medicare Made Clear
2018 Best Medicare Part D Plan For Diabetics -  Part 1
 
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http://www.SeanWatsonInsurance.com/PartD
How to Find & Compare Medicare Part D - Prescription Drug Plans
 
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http://www.SeniorSavingsServices.com See how to find and compare Medicare Part D Prescription Drug Plans. With plans changing for the upcoming calendar year it is a wise choice to learn how to compare plans. Review plan options yearly during Open Enrollment, which is October 15th thru December 7th. Have you had medication changes? Is your medication covered by a Part D plan? What do you need to have to compare Part D plans? What should you look for when comparing Part D plans? This video was created to educate and answer these questions and more. See more about the Medicare Part D Enrollment Penalty by viewing: https://www.medicare.gov/part-d/costs/penalty/part-d-late-enrollment-penalty.html Some Medicare Part D changes for 2018 include a maximum deductible (if a Part D plan has) of $405.00. $3,750 Initial Coverage Limit before the Donut Hole, and $5,000 in True out-of-pocket expenses. The Donut Hole percentages are decreasing where you will spend 35% of the cost of name brand drugs and 44% of the cost of generic drugs.* See an illustration on how the Donut Hole works by viewing http://http://www.seniorsavingsservices.com/what-is-the-donut-hole/. *Applies only to drugs covered by Part D plan. Don’t assume medications that were covered this year will be covered next year for the same cost. Compare Part D Plans so you can find the right coverage for yourself.
Views: 8273 John Bush
Medicare Part D Annual Enrollment Period - Time To Compare Part D Plans
 
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Medicare Part D Annual Enrollment Period is the time when you can join, drop or switch Medicare Part D Plans. This video highlights changes to the Medicare Part D Annual Election period that took place in 2011. The information is still relevant today. Visit: http://affordablemedicareplan.com to read hundreds of articles on Medicare Part D, Medicare Advantage and Medicare supplement insurance. The Annual Enrollment Period for Medicare Part D Plans begins on October 15th and ends December 7th. Part D plan information for the following year's plans will be available on October 1st. During the Medicare Part D Annual Enrollment Period (also called the Part D Annual Election Period) you can drop, switch or join a Medicare Part D Plan. If you would like to learn about Medicare Advantage and Medicare supplements get my 8 Part Video Mini-Course. The course is designed to help you choose the best Medicare plan for your circumstances. http://free-mini-course.com
Views: 7692 David Forbes
How to Compare Part D Plans Using Medicare.gov - 65Medicare.org
 
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Step-by-step guide to comparing Medicare Part D (prescription drug plans) on Medicare.gov. https://65Medicare.org
Medicare Part D Drug Plan --- How to get the best one.
 
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Everyone will need a Medicare Part D drug plan. Should you go with Humana, Blue Cross or ont of the others. In this video I will show you how to do it on your own, With the right Medicare Drug plan you may be able to stay out of the donut hole. The best way to get a drug plan that will cover all your drugs is to go to http://www.Medicare.gov or call the Medicare call center (800-633-4227) and speak to a plan counselor. They are open 24/7. James Grude 800-275-1844 http://www.SeniorsOnMedicare.com I tell my clients to call late at night or very early mornings. If you follow the way I show you I will guarantee that you will get the best drug plan in your area. Every senior needs to select a prescription drug plan. There is a way to check if your prescriptions will be covered by a plan. Not all plans are the same. You need to check if a plan covers all your prescriptions. Learn how to get the best plan at the lowest cost.
Views: 2601 Seniors On Medicare
2018/2019 Medicare Enrollment- Change Medicare Supplement, Medicare Advantage, Medicare Part D Plan
 
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2018/2019 Medicare Enrollment- Change Medicare Supplement, Medicare Advantage or Medicare Part D Plan. What is the 2018/2019 Medicare Enrollment Period and why is it important to you? This video outlines what you can do and the changes you can make during the 2018 Medicare annual enrollment period, regardless of the type of Medicare coverage you have. The Annual Enrollment (Election) Period (AEP) takes place October 15 to December 7 and is available to all Medicare beneficiaries, especially those that have a Medicare Advantage "Part C" plan and/or a Medicare drug plan "Part D". If you have a Medicare Supplement insurance plan "Medigap" and want to change your plan for any reason, you can do that at any time during the year. During the Annual Election Period: Beneficiaries may add or drop MA (Medicare Advantage) and/or drug coverage, or return to Original Medicare. No action is needed if the beneficiary chooses to keep his/her current plan. She/he should check for any benefit changes under the plan. Beneficiaries may make more than one enrollment choice during the Annual Election Period, but the last one made prior to the end of the Annual Election Period, as determined by the date the plan or marketing representative receives the completed enrollment form, will be the election that takes effect. My name is Chad Cason and I just want you to know that at my agency we truly do care about people as well as helping them to make the right decision. :) For free help with your Supplement coverage please contact me at: Direct Line: (888) 901-4870 Email: chad@lifelonginsurance.com Website: www.lifelonginsurance.com You might also enjoy, “Medicare + Medicare Supplement Plan = 100% Coverage" https://www.youtube.com/edit?video_id=9C3kRL7Vc5c Social Media YouTube Channel https://www.youtube.com/channel/UCRYcmG-O1-7OczcYLzgR94Q/featured Facebook Page https://www.facebook.com/lifelonginsurance/ Twitter https://twitter.com/LifelongIns Google Plus https://plus.google.com/u/0/b/100764442586203325713/+LifelonginsuranceHeretohelp Please Subscribe To Our Channel
Views: 463 Lifelong Insurance
Part D of Medicare (Prescription Drug Plan) - medicare.gov example
 
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Medicare.gov changed something on the website just a couple of days after recording this video. For the first step in the video, instead of clicking "Find Health & Drug Plans" under "Drug Coverage (Part D)", you need to click the Green Button on the left side of the page that says "Find Health & Drug Plans". Everything else in the video should be aligned Each year from October 15 to December 7, Medicare beneficiaries have an opportunity to review their drug card to make sure the best plan is selected. Medicare.gov has a great tool to analyze your Part D Prescription Drug Coverage. This brief video is intended to help individuals understand how to use the tool, read the reports, and select the best drug card. For FREE help finding a Medicare plan, go to www.senior-advisors.com or call 1-908-272-1970.
Views: 1779 Senior Advisors
Best Medicare Part D Plan
 
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Best Part D Plan with Medicare! Get Free help: http://medicaresavingsolutions.com/ 1-800-663-5707 Hi my name is Devon West and I run Medicare Saving Solutions. I thought I’d put a video together to show you how to pick the best Medicare Part D Prescription Drug plan. It’s a lot easier than you might think, stay tuned. The easiest way to find the best medicare part d prescription drug plan is to go to Medicare.gove and click on the find health and drug plans button. Then you go to the medicare plan finder and you put in your zip code. We’ll put in 98335 here and click find plans and here it gives you a bunch of different options. Um you answer how do you get your medicare coverage? How do you, do you get help from your state to get help paying for your Medicare Prescription drug costs. I just pick a couple answers here to get on to the next thing. Then you go and it says enter your prescription drugs and down here you’ll type your name of your prescription drug. We’ll use simvastatin for this one and it lets you put in your dosage, quantity, frequency, and Pharmacy type if you want to do mail order. And we’ll do another one here we’ll do Advair and we’ll do the Advair inhaler and click find drug and it’ll let you do all the other options as well and add drug. And then click my drug list is complete and it’ll go to the next page here which is your pharmacy selection page and we’ll pick bartell drugs as well as Safeway pharmacy to see what the costs are there and continue to plan selections or results sorry. Takes a minute. Ok so here you can refine your plan results and you want to pick prescription drug plans um then you can choose the other two options, those are for Medicare advantage plans. So then you refine those plans and then it shows you the prescription drug plans starting at the top is the lowest cost plan over the year as you can see that one is 717. I believe that’s what It says, its kinda blurry on my end. Then it shows you your monthly premiums deductibles copays um whether or not your prescription drugs are on the formulary or any prescription drug restrictions. So we’ll click on the first one First Health Part D value plus because that’s what it shows is the lowest for these two medications and it’ll give you the plan details here in a second. So you’ll want to make sure the tab is highlighted drug costs and coverage and it shows how to contact the plan with the phone numbers up there. Um and then it shows bartell drugs and safeway and mail order and the differences between them all. Um if you do safeway it is a little bit less because they are a preffered retail cost sharing instead of bartells which is standard. Then the mail order pharmacy also gives you uh the option to do that but it costs a little bit more over the year. Then you can go back and select the your plan results button again and look at all the plans that are available to you and compare them. There are a few different ways you can go about choosing a plan, you can go to medicare.gov and go through plan finder which is what we just did and might be the easiest way for a lot of people. Or you can call Medicare at 1800medicare or you can just call us for free help choosing a medicare part d prescription drug plan or a medicare supplement plan. Again this is Devon West with Medicare Saving Solutions, if you choose to contact us we will help you choose a plan and we will not only help you at that time, but we will become your agent year after year to make sure you are always taken care of. Now let us help you choose the best Medicare Supplement Plan: https://www.youtube.com/watch?v=d_zcfcfRS7g Is plan F or plan G better?
Medicare Part D: The Donut Hole and How Drug Plans Work
 
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My Website: http://www.medicarescreenshare.com Contact Me: MedicareScreenShare@gmail.com Now lets talk about the most popular pastry in Medicare the donut. Stay Tuned… A donut is used to represent how most drug plans work on part D of medicare… Now every plan is different but you can expect most drug plans to work like this… So as you can see you may need to pay a $400 yearly deductible before your plan pays anything. After that you will need to pay a copay and coinsurance for your drugs. I have used 25% coinsurance in this example but this is different from plan to plan and from drug to drug. But to keep it simple in this example you pay 25% of the drugs cost and the prescription drug company pays 75% until you and the insurance company together have paid a total of $3,700. This is when you reach the donut hole or the coverage gap. In this gap you will be responsible for paying 40% for brand name drugs and 51% of generic drugs. Now when you and the insurance company have paid a total of $4950 you move into catastrophic coverage. This is when the government steps in and helps out the insurance company. You are then only responsible for 5% of drugs cost from this point until the end of the year. Check Plan Every Year: Now part D plans are run by medicare-approved private insurance companies and you pay a premium to lower the cost your prescription drug coverage. Every plan has a list of covered drugs or a Formulary. So, They put drugs into different tiers and have different cost for each tier. Now these companies can change their formularies each and every year so it is important to alway check to see if you are on the lowest cost plan for the drugs you are currently taking. Make sure to check out my other video about how to go online and look up the best plan for you soon as this video ends. And as always please like, comment, and subscribe to my channel so I can help more people. Andrew Walsh MedicareScreenShare Owner and Independent Agent (920) 960-4312 MedicareScreenShare@gmail.com MedicareScreenShare.com Title: Medicare Part D: The Donut Hole and How Drug Plans Work
Views: 2524 Andrew Walsh
Initial Enrollment Period for Medicare Part D | Walgreens
 
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You can sign up for Medicare three months before your 65th birthday, your birth month and three months after you turn 65 – for a total of 7 months to enroll. Walgreens has teamed up with eHealth, certified Medicare Prescription Plan advisors to help you. For more information, visit: https://www.walgreens.com/topic/pharmacy/medicarepartd-info.jsp
Views: 2889 Walgreens
Medicare Part D Drug Plans Overview
 
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What are Medicare Part D Drug Plans? Medicare Part D is a federal program administered through private insurance companies. These companies offer retail prescription drug coverage to Medicare beneficiaries. Prior to 2006, when the Medicare Part D began, tens of thousands of Medicare beneficiaries in America had little help with retail drug costs. They would often spend thousands of dollars each year paying for their medications out of pocket. Fortunately, today’s Medicare beneficiaries have better coverage with Part D. How do Medicare Part D drug plans work? Medicare Part D is simply insurance for your medication needs. You pay a monthly premium to an insurance carrier for your Part D plan. In return, you use the insurance carrier’s network of pharmacies to purchase your prescription medications. Instead of paying full price, you will pay a copay or percentage of the drug’s cost. The insurance company will pay the rest. Your Part D insurance card will be separate from your Medigap plan. Medicare Part D plans all follow federal guidelines. Each insurance carrier must submit its plan outline to the Centers for Medicare and Medicaid Services annually for approval. To improve your understanding of Medicare Part D, let’s look at the basic way that each Part D plan works. There are 4 stages to a Part D drug plan, as follows: Annual Deductible – in 2018, the allowable Medicare Part D deductible is $405. Plans may charge the full Part D deductible, a partial deductible, or waive the deductible entirely. You will pay the network discounted price for your medications until your plan tallies that you have satisfied the deductible. After that, you enter initial coverage. Initial Coverage – during this stage of Part D drug coverage, you will pay a copay for your medications based on the drug formulary. Each drug plan will separate its medications into tiers. Each tiers has a copy amount that you will pay. For example, a plan might assign a $7 copay for a Tier 1 generic medication. Maybe a Tier 3 is a preferred brand name for a $40 copay, and so on. The insurance company tracks the spending by both you and the insurance company until you have together spent a total of $3750 in 2018. The Coverage Gap – after you’ve reached the initial coverage limit for the year, you enter the coverage gap. During the gap, you will still generally have significant discounts for generic medications. You will pay only 35% of your brand name medications, and 44% of generics. (This is so much better than in 2006 when many people had to pay 100% of their drugs in the gap.) Your gap spending will continue until your total out of pocket drug costs have reached $5000 in 2018. Catastrophic Coverage – after you’ve reached the end of the coverage gap, your plan will kick in to pay 95% of the costs of your formulary medications for the rest of the year. This feature in Part D drug plans helps you limit your potential spending if you have expensive medications. Boomer Benefits provides free claims support for life for all of our Medigap and Medicare Advantage policyholders so that you are never alone in dealing with Medicare. New to Medicare? Attend our FREE Medicare 101 Webinar: https://boomerbenefits.com/webinars Get our FREE 6-Day Medicare Video Email course with bonus Medicare cost worksheet: http://boomerbenefits.link/mini-course To learn about Medicare and Employer Coverage: https://boomerbenefits.com/new-to-medicare/medicare-and-employer-coverage/ Join our 48,000 Fans on Facebook: http://www.facebook.com/BoomerBenefits ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Subscribe for NEW Youtube Videos whenever we publish them: https://boomerbenefits.link/subscribe ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -~-~~-~~~-~~-~- Please watch: "What is Medigap and What Do Medigap Plans Cover?" https://www.youtube.com/watch?v=X9siD41Wi0Q -~-~~-~~~-~~-~-
Views: 298 Boomer Benefits
Medicare Part D - 877-88KEITH (53484)
 
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Medicare Part D. Complete Medicare Resource Center here: http://www.medsupsavings.com/ 877-88KEITH (53484) Best Medicare Supplement Plan: https://www.youtube.com/watch?v=WGqCGQNF5mw Medicare Plan F – Just Say NO: https://www.youtube.com/watch?v=0OE29IMXbNU Important Points to Know about Obtaining Medicare Drug Coverage When enrolling for Medicare you can get coverage for prescription drugs. Medicare drug coverage is available through private insurance companies approved by Medicare. There are different ways to obtain the coverage with associated costs that vary depending on other coverage used with this plan. It is important to know how this works with other insurance you have in order to get the best coverage. Here is what you need to know about this option. How Do You Get Coverage You have two options to get drug coverage including through Medicare Part C Advantage Plan or through Part D Prescription Drug Plan. The most common way is through Part D. This plan can be used with original Medicare and other plan option such as a Medical Savings Account (MSA) or Medicare Cost Plans. Part C or Medicare Advantage Plan includes using a PPO or HMO along with benefits similar to Part A and B. You may be required to sign up for Part A and B in order to obtain Part D with Part C. Medicare drug coverage options may vary and could change depending on what Part C covers. Associated Costs and Getting Help Your income will determine how much you pay toward prescription drugs. If you receive Social Security you can have costs deducted from your Social Security payment. You may be required to satisfy an annual deductible before the drug coverage starts to pay. You may be required to pay a copay or coinsurance after paying a deductible (if your plan has this requirement). There are drug plans with different tiers that show how much you could pay depending on related costs. Generic drugs may have cheaper copay than name brand. The copay can be anywhere from a few dollars to $10 or so. The coinsurance is roughly a percentage of what the beneficiary pays before Medicare insurance covers costs. An example may be 20 or 25 percent. When you pay for drugs you are paying for a month supply unless stated otherwise. There is potential for out-of-pocket costs to be paid by the beneficiary if the insurance does not cover the cost, but in few cases this is rare. Additional Tips on Drug Coverage You can get help paying for Medicare drug coverage if you qualify. You may need to provide proof of documentation to show your eligibility for assistance. Such options may allow you to pay just a few dollars for medicine. You can obtain help when you are receiving medication and before your supply runs out for the month. The amount you pay for your plan varies based on drugs used, plan option, where you go to obtain prescriptions, if the drug is on the formulary approved by Medicare, and whether you qualify for assistance in paying for drug costs. You may qualify for assistance by your state if you receive Medicare Part A and/or Part B coverage. Enroll for coverage during the initial period to avoid paying penalites. ================================================== QUICK AND EASY MEDICARE SUPPLEMENT QUOTES http://www.medsupsavings.com/ Facebook: https://www.facebook.com/pages/Med-Sup-Savings/1709195569306815 Twitter: https://twitter.com/MedSupSavings LinkedIn: https://www.linkedin.com/pub/keith-armbrecht/5/11b/3a0 YouTube Channel: https://www.youtube.com/user/BigHealthGreatWealth
Views: 5583 Keith Armbrecht
Tips for finding the best Medicare Part D plan or prescription drug coverage
 
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It is simple to find the best Medicare Part D plan for you. I share some tips on finding a prescription drug plan for you. For more information visit http://pharmacisttips.com/MedD You'll be able to compare plans and find the plan the most appropriate plan based on your medications. Ask a pharmacy related question http://pharmacisttips.com/ask/
Views: 771 Pharmacist Tips
Medicare Part D Without A Premium - Can You Really Get Free Part D?
 
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Did you know that you may be able to get Medicare Part D without paying a monthly premium? This video will address that and explain why putting too much emphasis on the Part D Premium may not be your best move. Visit the Medicare Plan Review website and get information on Medicare Advantage, Medicare Part D and Medicare supplements. http://affordablemedicareplan.com There are two ways to get Medicare part D without a premium. The first is income based. If you are dual-eligible or qualify for extra help, you may not pay a premium. The second way is to enroll in a Medicare Advantage Plan without a premium that includes Part D coverage. You may or may not have a $0 premium Medicare Advantage Plan available in your service area. If you get your medical coverage through original Medicare, with or without a Medicare supplement, you will need to enroll in a stand-alone Part D plan. Plans average just above $30 per month. Don't put too much emphasis on the Medicare Part D premium... it's not the most important factor to consider when you are comparing Part D plans. Review the Medicare Part D formulary to make sure all your prescriptions are covered... that should be your number one concern. Beyond that, also consider: Your medication's tier placement The deductible amount What you'll pay to get your prescriptions Whether there is coverage in the Medicare Part D donut hole Learn more about Medicare Part D -- http://www.youtube.com/watch?v=OKro0RdqHSU Watch: Medicare Part D -- 5 Things to Know Before You Enroll
Views: 4148 David Forbes
Medicare Part D Penalty (What They Aren't Telling You)
 
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The Medicare Part D Penalty, it's more than the small fine! Do I need Part D? What happens if I need Part D and don't have it? See our full library educational Medicare Videos: https://medigapseminars.org/on-demand-webinar/ Our YouTube channel: https://www.youtube.com/channel/UC4vgYKig-7gkHDsBTIlR_3A Want to learn more about Medicare Part D? https://medigapseminars.org/medicare-part-d-prescription-drug-insurance/ Have a question? Call us today at 800-847-9680 Matthew Claassen is an independent insurance broker specializing in Medicare. Our mission is to provide you with all the information you need to make an informed decision regarding your Medicare choices. We are licensed in over 40 states and help people make the best Medicare decision coast-to-coast, from California to Virginia and from Michigan to Miami. We understand the different state laws and regulations that can impact your decision and have been in the financial services industry since 1984. Do I really need a Medicare Part D plan even if I take no prescription? I am asked this question every week. This video is my answer. I explain why and how the financial penalty for not having a Medicare Part D drug plan should not be the real reason you consider when make the decision. Make sure your insurance broker is a true independent insurance broker able to offer you unbiased advice. When it comes to Medicare, experience counts.
Views: 6205 MedigapSeminars.org
2017 Medicare PART D Drug plan tutorial!
 
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Make sure you have the MOST cost effective Medicare Part D drug plan for 2017!
Views: 37733 Larry Belt
Part D Options When You Don't Take Prescription Drugs
 
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Call us at 888-411-1329 https://www.remedigap.com/ecourse https://www.remedigap.com/medicare-supplement-videos/ https://www.facebook.com/Remedigap/ Medicare: 1-800-633-4227 https://www.medicare.gov/ I often get calls from beneficiaries wondering if they have to buy a Part D (drug) plan...especially, if they don’t take any medications. While it’s not required by Medicare, there can be consequences for not buying a Part D drug plan when you’re first eligible for Medicare. Join me in this video to see what options are available if you don’t need (or want) a Medicare drug plan. Option # -- if you don’t take any prescription drugs is to not buy a Part D plan right now, but wait until you actually need one. Now, that seems like a common sense approach..and perfectly logical, however, there are some things to keep in mind if you choose this option. At some point, you will probably need a part d plan, and when this happens,you can’t just buy it and have it start right away. Because, Once you’re out of your enrollment period, you have to wait until the Annual Election Period (10/15-12/7) to enroll and then wait until January 1 for the plan to start. You may also be hit with a Medicare Part d late enrollment penalty. Now, this isn’t a one time fee. It’s a monthly add on penalty...so, just like it sounds, it’s added to your Part D premium every month for as long as you have a Part D plan. Now, there are some individuals that are not subject to the late enrollment penalty. And, that includes anyone who is eligible for Extra Help also know as Low-Income Subsidy and anyone who had “creditable coverage”. This is drug coverage through your job, spouse’s job, retiree coverage or VA...and, what’s important is that your current coverage is as good or better than Medicare’s...this is the only way it’s considered Creditable Coverage. Now, keep in mind that you can’t just tell Medicare you had creditable coverage….you actually have to have proof...and it must be submitted to the Part D company within 30 days of their request. Let's say you don’t fall into these two categories and you decided not to get a Part D plan when you were first eligible, so you know a penalty is coming your way. And for example sake, Let’s also say that you went 40 months without coverage and now you’re signing up for a Part D plan. Your penalty is calculated by multiplying 1% of the “national base beneficiary premium” which just means it takes all the Part D premiums and comes up with the average...(so, in 2017 the average Part D premium is $35.63). So, 1% of 35.63 is .36 multiplied by the 40 months you went without coverage. Your Part D penalty is $14.40. Remember, this is a monthly add on penalty to your Part D premium and it will stay with you for as long as you have a Part D plan. And, it’s important to note that Medicare recalculates this penalty every year with the new base beneficiary premium. And as it increases, so will your Part D penalty. The second option is to buy a Part D plan when you're first eligible. Since you don't take any medications, it’s not necessary to pay a high premium for a plan. The point is just to have a plan in place to avoid a penalty when you do decide to buy a plan. Now, with that said, Part D plans are not a one size fits all. Some Part D plans cover certain drugs better than others. So, if your doctor has mentioned the possibility of you taking a particular medication in the near future, you might want to take that into consideration when choosing a plan. But, for most people a low premium plan is the best option. And, in this video I'll provide the steps you need to find the lowest monthly premium Medicare Part D plan.
Views: 12107 REMEDIGAP
Medicare Part D - Details You Need to Know to Before You Enroll
 
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Medicare Part D: http://medigapinfo.net/new-to-medicare/ or call 1-844-528-8688 Best Medicare Supplement Plan Here: https://www.youtube.com/watch?v=dGHEzYMylEA This video https://www.youtube.com/watch?v=vKV1PE2SuFs Explains how to find the BEST Medicare Part D drug plan for seniors when turning 65 or during the Annual Election Period. We highly recommend using the Medicare.gov plan finder tool here: https://www.medicare.gov/ or calling Medicare direct at 1-800-633-4227. You can get more Medicare information by going to our channel here:https://www.youtube.com/channel/UCpeawY2B_hUuZhV26QAwRuQ or visit our website. http://medigapinfo.net/ 1-844-528-8688 Part D is prescription drug coverage for Medicare beneficiaries who are enrolled in both Medicare Parts A and B. Although Part D is optional, you should enroll when you first become eligible or you will be subject to the Part D penalty which will have an impact on your rates, for as long as you are enrolled in a plan. Part D is offered by private insurance companies and is not part of original Medicare. Plans are offered by service area and you must live in a service area to be eligible for a plan. Medicare Part D Premiums -- Premiums are paid monthly and range from $18.40 to over $75.00 with the national average for 2016 being $36.41. Part D Deductible -- The deductible is the amount you may be required to pay prior to your plan paying a share of prescription drugs. The amount of deductible and on what tiers, it is paid on will be determined by the Part D you choose. Part D will also have copayments and/or coinsurance, this is the amount you pay at the pharmacy, and will be determined by what tier your prescription is. Initial Coverage Limit -- This amount is set annually by Medicare and will be the same for all plans. It is the amount both you and your plan will pay prior to you reaching the Part D coverage gap. Medicare Part D Donut Hole or Gap -- Is the coverage gap that you you will enter if you exceed the initial coverage limit of $3310.00 for 2016. This amount is the total spent by you AND the Insurance company combined. Part D Catastrophic Coverage -- Is reached after you alone (TrOOP) have spent a fixed amount in the Donut Hole, this amount is called True Out of Pocket. For 2016 the amount is $4850.00. During this phase you will pay very small copayments or coinsurance amounts for your drugs normally around %5. Table of Contents: 00:00 - Introduction 00:24 - Slide 1 01:34 - Part D Late Enrollment Penalty 06:01 - Slide 7 07:00 - Slide 8 08:36 - Slide 9 _________________________________________________________________ **Dont miss a single Medigap video Click Below to SUBSCRIBE** http://www.youtube.com/channel/UCpeawY2B_hUuZhV26QAwRuQ?sub_confirmation=1 ----------------------------------------------------------------------------------------------------------- Loran Marmes Medicare Solutions Team http://medigapinfo.net/ Facebook: https://www.facebook.com/medicaresolutionsteam/ -----------------------------------------------------------------------------------------------------------
Views: 7761 Medigap TV
Part D Penalty for Late Enrollment
 
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What is the Part D penalty for not signing up with a Medicare drug plan? "Do I have to sign up for a Medicare drug plan?" These questions and more are answered here. http://MedicareAgentTraining.com - Help for Seniors http://SeniorSavingsNetwork.org - Help for Agents Avoid the Part D penalty by signing up with a drug plan. I-M-P-O-R-T-A-N-T L-I-N-K-S Best Medicare Plan Information 1-800-729-9590 Call 24 hrs Our site: https://SeniorSavingsNetwork.org (Secure) Follow us on Facebook: https://www.facebook.com/SeniorSavingsNetwork/ Best Medicare Videos: https://seniorsavingsnetwork.org/bestvideos Subscribe here on Youtube: https://seniorsavingsnetwork.org/youtube Make sure to also click on the BELL icon when you subscribe! Our service is 100% Free and we have the same rates the carriers have, directly, so you get us for free!
Views: 24212 Christopher Westfall
Medicare Advantage Plans 2019 - Unhappy With Medicare Advantage? How To Leave Your Plan In 2019
 
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Medicare Advantage Plans 2019 Are Now! Learn how to choose the right policy when faced with hundreds of options to choose from. A Complete Medicare Resource Center https://www.MedicareonVideo.com Phone: 1-877-88KEITH (53484) Medicare Choices Made Easy Medicare Supplement vs Medicare Advantage plans - what is the difference What Does Medicare Cost in 2019? Everyone want to know about Medicare. Pre existing condition Medicare supplement insurance · Medicare drug plans comparison · enrollment period for Medicare · threshold for additional Medicare tax are other complicated without help. Do you want to learn how to sign up for Medicare if you have coverage through the Health Insurance Marketplace? Can I switch from Medicare Advantage to Medigap? Search our online video libraries, we have many videos answering all you r questions and can help you through the process if needed. A Medicare Supplement Insurance (Medigap) policy helps pay some of the health care costs that Original Medicare doesn't cover. Copayments are one of those things. You must stay informed because upcoming 2019 Medicare Advantage changes happens quickly. Medicare on Video is insurance agency specializing in Medicare supplement plans Medicare advantage plans and Medicare part d plans…actually we are a complete Medicare resource center. if you are unhappy with your Medicare advantage plan and want to go back to traditional Medicare this video shows that there are many options outside of the annual enrollment period that could allow you to leave your plan. If you are interested in changing your coverage from a Medicare Advantage to a Medigap plan it cannot be initiated without completing a medical questionnaire. For those who reside in a chronic care facility or have received a diagnosis of end stage renal disease you will not be eligible to enroll for the Medicare advantage plan at this time. one thing that is happening more and more to people on PPO Medicare advantage plans is someone can start out on a PPO Medicare advantage plan they have it for a few years. PPO’s still exist and if you purchase a PPO Medicare Advantage plan that does mean you won't have to deal with managed care but that's the only upside. Call 1-877-88KEITH (53484) for free quote on your Medicare supplement or for any advice on Medicare Advantage vs Medicare Supplement. When your Medicare cost plan passes you can acquire a special election period to join in a Medicare Advantage plan if you wanted to do that. Many people still choose to go with a Medicare Advantage plan. Medicare Supplement, or Medigap, insurance plans fill in “gaps” in basic benefits left behind by Original Medicare, Part A and Part B, such as deductibles, coinsurance, and copayments. Watch My Most Recent Video Here: https://goo.gl/jzN8Rn Subscribe Here for More Medicare Tips: https://goo.gl/jzN8Rn QUICK AND EASY MEDICARE SUPPLEMENT QUOTES https://www.medsupsavings.com/ Facebook: https://www.facebook.com/pages/Med-Su... Twitter: https://twitter.com/medsupsavings.com LinkedIn: https://www.linkedin.com/pub/keith-ar... YouTube Channel: https://www.youtube.com/user/BigHealt... © Best Medicare Supplement Plans 2019 By Medicare On Video - All Right Reserved.
Views: 1702 Keith Armbrecht
Medicare Part D, How to get the best Part D Plan
 
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Medicare Part D, How to get the best Part D Plan Robert Bache AKA MedicareBob www.MedicareBob.com 1-855-368-4717 Email me with all of your Medicare Questions: Bob@MedicareBob.com
Views: 2888 Robert Bache
2019 Part D Changes and Donut Hole Example
 
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Watch this video to find out: - how Part D of Medicare works - how the "donut hole" works - what's changing in 2019 with Part D of Medicare Go to our website to submit your Form: https://www.senior-advisors.com/free-rx-analysis Or Call with any questions: Moorestown Office: 856-866-8900 Cranford Office: 908-272-1970
Views: 1365 Senior Advisors
What Is A Medicare Part D Plan?
 
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Medicare Part D, also called the Medicare prescription drug benefit, is a United States federal-government program to subsidize the costs of prescription drugs and prescription drug insurance premiums for Medicare beneficiaries. Are on your plan's formulary; Whether you get extra help paying medicare part d costs find and compare health plans, prescription drug plans medigap policies in areaeffective date for a month, jan, feb coverage, often referred to as d, is provided coordinated by approved private insurance companies. Get medicare prescription drug coverage either from a part d plan or advantage offering (part c) (like an hmo ppo) other health that offers. You can enroll in any part d learn about medicare (or prescription drug plans) to make sure your costs are covered plans that follow the formulary classes and categories established by united states pharmacopoeia will pass first for most people, joining is voluntary. Gov part d url? Q webcache. You get all of your medicare part a (hospital insurance) and b (medical coverage, prescription drug coverage (part d), through these plans learn about the types costs you'll pay in plan. Aarp medicare plans from express scripts pdp part d. However, if you now get your drugs from medicaid, must them a medicare drug plan as soon choose state the list below for an overview of part d prescription plans available in 2018. Drug coverage (part d) how to get drug costs for medicare plan finder health, prescription and medigap plans. Medicare prescription drug plans (part d). 2018 medicare part d plan finder search by plan features and premiums across all medicare part d plans or medicare advantage in your state. Get medicare part d plan quotes find prescription drug coverage compare plans ehealthwhat is d? How does work? Aarp overview by state. Find plans in your area that may fit needs Drug coverage (part d) how to get drug costs for medicare plan finder health, prescription and medigap. You can get medicare part d coverage through a stand alone prescription drug plan if you're enrolled in original you add this benefit to your. Medicare part d prescription drug plans coverage and premium medicare d, humana. Medicare part d may help lower your prescription drug expenses applies to medicare plans where walgreens is a preferred pharmacywalgreens does not endorse any particular oct 1, 2017 you can get coverage through standalone plan (pdp) or as of many navigate the official express scripts website find information, enrollment dates, pharmacy network locations, unitedhealthcare cover cost most drugs. Medicare part d a first look at prescription drug plans in 2018 medicare silverscript insurance company. Googleusercontent search. How to enroll in medicare part d interactive. Medicare part d plan options what is medicare d? . Drug coverage (part d). How to get drug coverage. When choosing a oct 13, 2017 during the medicare open enrollment period from october 15 to december 7 each year, beneficiaries can enroll
Humana and Walmart Announce Innovative Medicare Part D Prescription Drug Plan
 
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William Fleming, PharmD, vice president of Humana Pharmacy Solutions, discusses the new Medicare Part D plan, the "Humana Walmart-Preferred Rx Plan (PDP)." Permalink: http://www.businesswire.com/news/home/20100930007191/en/Humana-Walmart-Announce-Innovative-Medicare-Part-Prescription
Views: 2355 BusinessWire
What Is A Medicare Part D Plan?
 
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Get medicare part d plan quotes find prescription drug plans one of the lowest premium. Are on your plan's formulary; Whether you get extra help paying medicare part d costs find and compare health plans, prescription drug plans medigap policies in areaeffective date for a month, jan, feb coverage, often referred to as d, is provided coordinated by approved private insurance companies. Comparing medicare part d plans interactive. Medicare part d may help lower your prescription drug expenses 2018 pdp finder compare features of all medicare plan available in state with just one click. You can enroll in any part d learn about medicare (or prescription drug plans) to make sure your costs are covered plans that follow the formulary classes and categories established by united states pharmacopoeia will pass first for most people, joining is voluntary. Providing detailed information on the medicare part d some advantage plans include prescription drug coverage. Gov part d url? Q webcache. Oh medicare part d enrollment largest partd insurer. You may want to ask your doctor for help silverscript offers medicare part d plans those eligible enroll in a prescription drug plan; Apply now low total cost oct 20, 2017 provides two with coverage options, affordable monthly premiums, and sharing fit 13, during the open enrollment period from october 15 december 7 each year, beneficiaries can plan that get. You can get medicare part d coverage through a stand alone prescription drug plan if you're enrolled in original you add this benefit to your. You get all of your medicare part a (hospital insurance) and b (medical coverage, prescription drug coverage (part d), through these plans learn about the types costs you'll pay in plan. 60 month medicare part d medicare enrollment ends 12 7. But you can also get part d drug coveragein a standalone medicare prescription plan applies to plans where walgreens is preferred pharmacywalgreens does not endorse any particular navigate the official express scripts website find information, enrollment dates, pharmacy network locations. How to get drug coverage. When choosing a before you start looking at plans make list of the medicines take and how much currently pay for them. Medicare part d plans shop new 2018 plans drug coverage (part d). How to get drug coverage (part d) how costs for medicare plan finder health, prescription and medigap plans. Medicare part d prescription drug plans coverage and premium medicare a first look at in 2018 d, humana. Get medicare prescription drug coverage either from a part d plan or advantage offering (part c) (like an hmo ppo) other health that offers. However, if you now get your drugs from medicaid, must them a medicare drug plan as soon want to the prescription
Views: 5 Green Help
Medicare Part D Provides Prescription Drug Coverage - Right on the Money - Part 3 of 5
 
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Subhead Cost in Drug Plans with Medicare Part D Varies From State to State Synopsis As an eligible Medicare beneficiary, you must select a drug plan and pay a monthly premium to receive the coverage, known as Medicare Part D. Drug plans vary by state and may offer extra benefits such as no deductible, higher coverage limits or cover additional drugs. Content Medicare Part D provides insurance coverage for prescription medications and is an important part of Medicare to consider if you’re eligible. It helps cover the “donut hole” opening you may have with traditional Medicare plans. You might need coverage for cholesterol and high blood pressure prescriptions—this is where Medicare Part D comes in. Under this particular program, insurance companies and other private firms contract with Medicare to provide prescription drug benefits to Medicare beneficiaries like you. How do you get a plan? You first must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered. When choosing Part D coverage, there are a multitude of factors to consider: − Timing of enrollment. − Potential of penalties incurred for late enrollment. − The option to change plans. − Current prescription coverage. − Medication coverage. − Out-of-pocket costs. − Pharmacy convenience. − Future health changes. Watch the interview on the basics of Medicare with Curt Chojnowski, Principal at Executive Benefits Group and Medicare specialist. Curt has more than 20 years of experience in the industry and focuses on the ins and outs of Medicare coverage. If you already have prescription drug coverage, compare your current coverage with that provided through a Medicare plan. You want the most effective and efficient plan available, because as a senior, you need to keep as many dollars in your pocket as possible. The process of making decisions concerning health care insurance can be overwhelming and cause you confusion because of the plethora of providers and variances from state to state. It’s imperative to seek the help of a financial or insurance professional to ensure you’re on the right track for your situation and to maximize your retirement income dollars. National syndicated financial columnist Steve Savant interviews Curt Chojnowski on the basics of Medicare and the strategies available to seniors. Right on the Money is a weekly talk interview talk show for consumers. The show segments are distributed nationally as daily video press releases. (www.rightonthemoneyshow.com) https://youtu.be/k1GcFfFUQpA
AARP Medicare Part D Plan Member Stories
 
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Testimonials from AARP Medicare RX prescription drug plan utilizers.
Views: 428 Matthew Matousek
Medicare Part D - Drug Plan Finder Instructional Video
 
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Step-by-step instructions on how to pick the best Medicare Part D (Prescription Drug) Plan each year by using the Drug Plan Finder tool at Medicare.gov. If you need help...give us a call at 1-800-431-5431 and we'll answer any questions you may have. https://medigaptn.com ABOUT US Medigap Tennessee is a trusted provider of Medicare Supplemental Insurance (Medigap plans) and Prescription Drug Plans in the state of Tennessee [and 30 other states]. We have over 20 years of combined experience and are ready to help you navigate Medicare and its many related products while saving you money in the process. We specialize in making a complex subject simple and we welcome your questions! WE OFFER THE FOLLOWING SERVICES AND PRODUCTS Medigap Plans Medicare Supplement Plans Medicare Advantage Plans Prescription Drug Plans Dental / Vision / Hearing Plans Whole & Term Life Insurance Annuities and more! CONTACT US Website: https://medigaptn.com/ Call Us: 1-800-431-5431 A+ BBB Rating. Click for reviews: https://goo.gl/bFt91f DIRECT LINK TO THIS VIDEO AND TRANSCRIPT https://medigaptn.com/post/prescription-drug-plan-finder-instructional-video/
Views: 447 MedigapTN
AARP Medicare Part D Plan Member Stories
 
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Testimonials from AARP Medicare RX prescription drug plan utilizers.
Views: 875 Matthew Matousek
The A, B, C’s of Medicare Prescription Drug Plans (Part D)
 
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The A, B & C’s of Medicare Prescription Drug Plans (Part D) explained by Tim Hanbury and Jason Mackey, authors of Medicare Blueprint. This part of Medicare is the most complex of “Part” of Medicare because it’s so different than what you have with an employer or individual plan. Part D is broken down into four levels. You have a Deductible level, the Initial Coverage level, then the Coverage gap or the “donut Hole”, then you have the Catastrophic level. The good news is that most people won’t get past the Initial Coverage Level. Level one is the deductible level. These plans can have up to a $405 annual deductible. Except for some generic medications, you will pay the full cost of your medications until your deductible is met. Next is the initial coverage level. In this level, you will have either a copayment amount or you may pay a percentage of the cost depending on the medication and the insurance company offering the plan. You will have different costs for a generic medication, a preferred brand name and non-preferred brand name and specialty medications. You will continue in this level until your Total costs have reached $3,750 in 2018. At that point, you will transition into the Coverage gap or Donut hole. Once you meet the donut hole, your cost for medications will be 35% for the cost of brand name medications and 44% for the cost of a generic medications. You will continue in this level until your total costs meet $5,000 in 2018. They will apply the discount that pharmaceutical manufacturers are required to give on the cost of brand name medications. In 2018, they are required to provide a 50% reduction in the cost of a brand name medication. In 2019, this goes up to 70% of the cost of a brand name medication. What this means is that in 2018, you pay 35% of a brand name medication but 85% of the total cost is applied to the donut hole. In 2019, this will go up to 95% of the total cost is applied to the donut hole, but your cost goes down to 25% of the cost of a brand name medication. There are some costs that will not be counted in the donut hole. The most notable is that the discounts on Generic medications. Once your total costs have exceeded $5,000 in 2018 and $5,100 in 2019, you will then be in the Catastrophic level. In this level, your cost for a generic medication will be $3.35 in 2018. The cost for a brand name will be either $8.35 in 2018 OR 5% of the cost, whichever is greater. You stay at this level for the rest of the year. If you don’t sign up for Part D plan when you are first eligible, they will apply a penalty based on each month you didn’t have coverage and it’s a permanent penalty that will increase each year. While this penalty isn’t as large as the penalty under Part B of Medicare, it can add to your cost as this is “in addition” to the plan premium that you will pay. In most states, there are inexpensive plan options that are between $15 to $20 dollars. As with Part B of Medicare, if you areconsidered a “higher income” individual, there will be an Income Related Monthly Adjustment Amount based on your income from 2 years ago. Again, like with Part B, if you have a situation where you will be making less money once you are on Medicare, like retiring and not earning a wage, you can apply for a “Life Event” change form and ask for a new initial determination. How do I pick from the dozens of plans that are available? Medicare.gov has an excellent tool to help with this. When you go to Medicare.gov, on the home page you will find a green box called “Find Drug and Health Plans”. When you click on the box, it will take you to the plan finder tool. There are also other ways you can do this. You can work with an agent who can do this with you, you can call the insurance company that is offering the plan, or you can call Medicare directly and they will do the work for you. Here are the things you need to know when you are looking at coverage. You must review the listing of the covered medications, to make sure your medications are covered under the plan. You need to do this prior to signing up for a plan and then each year after because the formulary can and will change each year. You need to look at what pharmacy you want to use. This can have an impact as the pharmacy you want to see may not participate with the plan you are considering, and some pharmacies will have lower costs for your prescriptions. We recommend that you get a prescription plan when you are first eligible for coverage. You never know when you may need to get a prescription, one antibiotic can cost hundreds of dollars. Free Offer Complimentary Copy of Medicare Blueprint https://medicareblueprint.com/get-your-book/ Helpful Resources Medicare & You Guide https://goo.gl/qE5t1A Medicare Premiums: Rules for higher-income beneficiaries https://goo.gl/jtfGCm Medicare Blueprint Advisors MedicareBlueprint.com Facebook: https://www.facebook.com/MedicareBlueprint/ YouTube Channel: https://goo.gl/qcHBJH