How to Choose a Medicare Prescription Drug Plan in 5 Steps - PowerPoint PPT Presentation
Title:
How to Choose a Medicare Prescription Drug Plan in 5 Steps
Description:
Medicare drug plans cover general and brand-name drugs. All plans must meet a regulation level of coverage set by Medicare. This means they must all meet the same categories of drugs, such as asthma or diabetes drugs, but plans can choose which specific drugs are incorporated in each drug class. Medicare Part D plan notes the drugs it covers in what’s called a formulary. A specific formulary may not hold your medicine but may include a similar selection. To know more visit – PowerPoint PPT presentation
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Title: How to Choose a Medicare Prescription Drug Plan in 5 Steps
1
How to Choose a Medicare Prescription Drug Plan
in 5 Steps
Stay up to date with your current plan.
Understand the exemption process. Use the
Medicare.gov Plan Finder. Look for other
restrictions. Ask for help.
Whether youre new to Medicare or a beneficiary
gearing up for the annual open enrollment period
from Oct. 15 through Dec. 7, youll want to pay
special attention to your prescription drug
coverage. The majority of blue cross medicare
advantage plans, are administered by the private
insurance companies and include Medicare Part D
prescription drug coverage. Source- nerdwallet.com
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