Archive for August, 2008

Thank YOU for your TESTIMONIALS!!

I JUST WANTED TO WRITE A QUICK “THANK YOU” FOR ALL THE WONDERFUL TESTIMONIALS YOU HAVE SENT IN AFTER WORKING WITH US. 

IF YOU HAVE NOT READ ALL THE TESTIMONIALS, PLEASE CLICK ON THE TESTIMONIALS BUTTON ON THE RIGHT HAND SIDE OF THIS PAGE! 

IT IS VERY HUMBLING, AND WE FEEL SO MUCH GRATITUDE THAT YOU WOULD TAKE THE TIME TO SEND THEM.  OUR #1 GOAL IS TO PROVIDE YOU WITH THE BEST INFORMATION ABOUT MEDICARE COVERAGE, BASED ON YOUR INDIVIDUAL NEEDS.  EVERYONE IS ON DIFFERENT MEDICATIONS AND ”ONE PLAN FITS ALL” SHOULD NOT BE AN OPTION FOR YOU! 

AGAIN, WE THANK YOU FOR VISITING THE BLOG AND WEBSITE AND CALLING US WITH YOUR QUESTIONS AND CONCERNS ABOUT MEDICARE COVERAGE!!   

Please write to me, Karyn Blake, here at My Part D USA’s blog at kblake@MyPartDusa.org. Or you can email this article to a friend.

Published by mypartdusa on August 26, 2008 in Other Topics of Interest.

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HOW TO MAKE THE MOST OF YOUR MEDICARE PART D DRUG PLAN BENEFIT

QUESTION:  I am new to Medicare, how do I maximize my Part D drug plan benefits and get the most savings on my medications?

ANSWER:  I am going to walk you through step-by-step of how to get the most savings out of your drug plan. 

.  This is the time of year that you can change your drug plan, making sure that you continue to have your drugs covered at the lowest prices.  All the drug plans change the drugs they cover on their formulary and the prices they will charge you every year!  Don’t make the mistake of just “keeping what you have”.  Your loyalty will cost you!  YOU NEED TO FIND THE PLAN THAT WILL SAVE YOU THE MOST IN CO-PAY’S AND PREMIUMS ON THE FIRST 2,700 DOLLARS OF YOUR PLANS BENEFIT BEFORE THE “DREADED DONUT HOLE” IN 2009.

2.  January 1st of every year your Part D drug plan benefits start over.  You will have to purchase $2,700 worth of medications before you fall into the “dreaded donut hole” in 2009.  This is not the co-pay costs, but the RETAIL COSTS are used to add up your purchases.  To maximize your benefits you can begin by NOT purchasing as many of your generic drug as possible using your drug plan.  WHY?  Wal-Mart and some other large retailers have a list of over 300 generic drugs that they sell for $4 for a 30-day supply.  If you email me, I will send you this list.  If you don’t like using Wal-Mart for some reason, many chain drug stores are doing this as well.  Check with them and buy them without using your drug plan, don’t give them your drug plan card and tell the pharmacy this is not to be added to your drug plan coverage.

The reason for this is that every prescription you purchase goes toward the “dreaded donut hole”.  If you purchase your generics off your drug plan, you will have more money left in the pot to pay for your expensive medications, thereby keeping you OUT of the “dreaded donut hole” longer!  Also, when your doctor prescribes a NEW drug for you, tell him/her then and there that you need to use the older tried and true meds, instead of the new designer drugs that are so expensive, IF your doctor feels like you will be able to get the same results.  For those of you that love Sally Field (I DO) and the other celebrities that sell designer drugs and you want to help the drug companies pay their huge salaries for their endorsement (I DON’T), please ignore this advice.  HA! Then tell him/her you need to take samples first , to make sure this drug will work for you.  You would not believe how many prescriptions people get each year that go toward their “dreaded donut hole” and they end up NOT EVEN TAKING THEM, BECAUSE THEY DON’T LIKE THE SIDE-EFFECTS, OR THEY SIMPLY DON’T WORK FOR THEM .  This will keep you out of the donut hole longer as well!

3.

  The only folks who need to be concerned about what happens when they hit the “dreaded donut hole” are the folks who know they WILL get to the other side and begin the catastrophic coverage of 95%.  Most people don’t fall into the donut hole.  The rest fall in and never reach the other side.  If you fall into either of those categories, you should STOP USING YOUR DRUG PLAN when you reach the donut hole.  You MUST continue to pay your monthly premiums so you won’t have a penalty, but THERE IS NO NEED TO PAY MORE FOR YOUR MEDICATIONS THAN YOU ABSOLUTELY HAVE TO PAY!!  You will need to do a little research at this point and call your pharmacist and other drug stores to see how much your medications will cost using your drug card, and how much they would cost without using it.  Many of the drug plans charge you a higher retail price while you are in the “dreaded donut hole”

to make up for loses they incurred while you were on the much cheaper co-pays amounts.  YOU CAN BUY OR ORDER YOUR MEDICATIONS ANYWHERE YOU CAN FIND THEM CHEAPER!!   You can’t afford to be loyal to your drug plan as they are not loyal to you!

4.

  If you have serious on-going health problems and know that you take so many medications that you will ACTUALLY fall into the donut hole and make it across to the 95% catastrophic coverage, YOU MUST CONTINUE TO USE YOUR PART D DRUG PLAN CARD SO THAT ALL THE MEDICATIONS YOU PURCHASE GO TOWARD YOUR GETTING OUT OF THE DONUT HOLE. 

Now, please read my other drug savings tips and donut hole advice by clicking on them in the category section on the left side of this page!  I have much more to tell you!

I hope this answered your question, if not, please write to me, Karyn Blake, and I will find an answer for you ASAP.

Please write to me, Karyn Blake, here at My Part D USA’s blog at kblake@MyPartDusa.org. Or you can email this article to a friend.

Published by mypartdusa on August 24, 2008 in Drug Savings Tips.

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I am Losing My Group Health Coverage, Which Medicare Supplement would be best for me?

QUESTION: I am losing my group health coverage with General Motors, 1-1-2009, that I have had since I retired. Now I must find a Medicare Supplement and make sure my benefits are as good as what I had.  How do I compare these plans, it is so confusing?

ANSWER:

We have been contacted by hundreds of General Motors retirees about this very subject.  Keep in mind you will only have 63 days to get your Medicare Supplement with no underwriting on a guarenteed issue basis.  Let me run down the best Medicare Supplement plans and what they do and do not cover for you.

Plan J – This is the Cadillac of Medicare Supplement Plans.  Some people like to pay for all the bells and whisles even though they may possibly not need them, just to have that extra luxury.  Plan J has everything all the other plan have plus the following:

Prevenative Care

- This is an extra $120.00 per year for prevenative care such as a physical.  However, if you have any health issues your doctor will do all the bloodwork anyway and you will end up getting the equivalent service.

Home Heath Care – This is $40 per day up to $1,600.00 of unskilled care per year, such as bathing, household chores.  If you need this type of care you are probably getting skilled care as well and this is covered under other less expensive plans.  You can’t get much for $40 a day these days.

Excess Charges – Plan J will cover 100% of any charges over the limit that Medicare allows for your illness that your doctor bills you.  However, 99% of the time, your doctor will only charge you what he is allowed to charge you under Medicare rules.

Part B Deductile – There is a $135.00 yearly deductible on a Medicare Supplement.  Plan J covers this for you, however, you may be paying more in premium for this $135 than it is worth.

Plan F – Plan F is the Oldsmobile of Medicare Supplements.  It covers everything plan J covers except the following:

Home Heath Care – $1,600.00 per year

Preventative Care

Plan G

- Plan G is the Chevrolet of Medicare Supplements.  It is the most cost effective plan if paying the premium is an issue for you, yet it still has good coverage.  Plan G has everything including Home Heath Care except:

Prevenative Care -

$120 per year

Excess Charge Coverage – This plan does pay for 80% of excess charges.  Which will be more than sufficient in most cases.

Part B Deductible Coverage – Keep in mind that if you want your plan to pay for the $135 a year deductible you may be paying more in premium than it is worth.

As you can see, there are many things to consider.  It all comes down to how much premium you want to pay for coverage you may not need.  Some people want it all and don’t mind paying a higher premium per month to get it.  All Medicare Supplements pay the 20% of all your doctor and hospital bills that Medicare does not cover with their 80%.  You can decide if you want all the extras, or maybe you don’t mind rolling up your own windows or not having heated leather seats.  It is up to you!!

At My Part D USA we can consult with you and help you choose the plan that would be best for you based on YOUR NEEDS and DESIRES.  We can also help you get your Supplement, no matter what Plan you choose at the lowest prices.

MEDICARE ADVANTAGE PLANS should be avoided, unless you cannot pay the monthly premium on Original Medicare combined with a Medicare Supplement.  That is what we recommend and we are standing by this.  Keep in mind that you will be approached by many Medicare Advantage Plan salespersons, telling you that their plan is better than Original Medicare, BUT they do not compare against Original Medicare with a Traditional Medicare Supplement.  There are many co-pays and hoops to jump through.

You have worked hard and deserve the BEST COVERAGE!

When you come off your retirement plan you only have 63 days from the end of your group plan to get a Medicare Supplement with NO UNDERWRITING.  This is the only time you will have NO HEALTH QUESTIONS ASKED AND A GUARANTEED ENROLLMENT ON THE PLAN OF YOUR CHOICE!

If you join a Medicare Advantage Plan instead, you may never have another change to get a Traditional Medicare Supplement without going through underwriting and possibly turned down for health reasons.

I hope this answer helped you understand your options.  You can write to me, Karyn Blake, with any other questions and I will be glad to find an answer for you!

Call us today toll free at:  866-752-1795

Please write to me, Karyn Blake, here at My Part D USA’s blog at kblake@MyPartDusa.org. Or you can email this article to a friend.

Published by mypartdusa on August 6, 2008 in Traditional Medicare Supplements.

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