Benefits of Medicare Part D

Most everyone on Medicare will need help to pay for their prescription drugs.  Since 2005 The Centers For Medicare or www.Medicare.gov have provided online comparisons of all the Part D plans in each state.  If you have a friend or relative that does not live near you or they live in another state the drug plan that is saving them the most money may not suit you at all.  Even if your spouse is on a Part D plan that covers all their drugs the prescription drug plan they use may not be the best one for you.  

What you need is an accurate comparison of Part D plans specific to you.  If you take a generic you must use the generic name to find out if that drug plan is covering it, not the more expensive Brand name prescription drug.  

If you have VA coverage, you may still want to add a Medicare Part D Prescription drug plan because we have found that some VA centers may not carry all your drugs and it may be more convieneint to use a local drug store to purchase your medications.  

Many people also think that they don't need a Medicare Part D Plan if they don't presently take many or ANY prescriptions.  There are 2 very imporant reasons that is is not true.  1.  You never know what the future holds.  You may be diagnosed with something during the year and not be able to get any help with your prescription drugs until the following year.  This could result in huge amounts of unnecessary expenditures on your end.  2.  When you become eligible for Medicare and do not join a Part D plan, you will have a penalty of 1% per month added to your Part D premium when you do enroll for the rest of your life.  So, if you wait 12 months past your Medicare enrollment date and do not join a Part D plan you will have a 12% increase in the premium of your plan forever.