DONUT HOLE COVERAGE FOR 2008
As we have mentioned before, there will be no National Drug Plan available in 2008 that will cover brand name drugs during the dreaded “donut hole”!
However, there will be plans that cover GENERICS during the “donut hole”.
You must pay attention to how the drug plan intends to cover them, because the quality of coverage will be different on each plan.
The are using the terms….
ALL GENERICS - all generics on their formulary
SOME GENERICS - they have a list of generics they will cover
PREFERRED GENERICS - they have a list of preferred generics they would have you use before covering any others
Before you enroll on a plan that covers generics during the “donut hole” you need to check and see if your medications are on the list. The premiums on these plans are higher, so before you select one, make sure you can actually get your prescriptions on that plan.
When you go to our webiste, on the comparison page, we will have a box named MORE INFO, you can click on this box to see if your drugs will be covered during the “donut hole” on that particular plan you have selected.
Please don’t just assume that your medications will be covered if the plan says they will cover generics during the “donut hole”.
