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Archive for the 'Medicare Supplement Insurance' Category

Medicare Prescription Drug Plan Finder Launched

Tuesday, November 8th, 2005

The long awaited Medicare Prescription Drug Plan finder has finally been launched. It can be found here.
With a limited amount of information (Medciare Claim Number, Last Name, Date ofBirth, etc.) the program is supposed to be able to determine the available plans in your area, then further narrow them down by the plans that […]

Medicaid Users Assigned to New Drug Plans

Sunday, November 6th, 2005

According to The Detroit News:

With the starting date for the federal government’s new Medicare prescription drug plan approaching, the program has begun randomly enrolling beneficiaries who are also on Medicaid into approved drug plans.
Medicare last week began sending beneficiaries letters telling them which plans they have been assigned to effective Jan. 1. The action affects […]

Seniors Warned About Marketing Onslaught

Monday, September 12th, 2005

As you are probably aware, the prescription drug insurance plans under Medicare Part D are going to be offered by private companies. On October 1st, these companies are going to be allowed to begin marketing their plans to the seniors, to create product awarness for the November 15th enrollment date.
According to the Pittsburgh Post-Gazette:

“The […]

Kerr Drug Launches Medicare Part D Information Program

Thursday, August 18th, 2005

North Carolina based Kerr Drug is launching a Medicare Part D Information Program as a service to their senior clients.
According to their press release:

Various organizations, some legitimate - others not - are bombarding seniors with various messages and directions on how to obtain this additional coverage. So many messages have been sent out that North […]

Medicare Part D - Lower Premiums

Wednesday, August 10th, 2005

The upcoming Medicare Part D Prescription Drug Benefit cost should be about 14% less than originally projected. Based on bids from the private insurance companies planning to offer the coverage, the premium is expected to be $32.20 per month. The originally projected amount was $37.37.
According to the LA Times:

The lower estimates were good […]

Seniors Urged Not to Ignore Medicare Changes

Tuesday, August 9th, 2005

From the Baraboo News Republic:
Trish Vandre is the director of the Sauk County, Wisconsin Commission on Aging.

Vandre said area seniors, as well as their family members and care providers, should attend a session to gain a better understanding of the changes the new plan will bring. She said the changes will affect all people on […]

Insurance Plans Marketing Medicare Rx Early

Tuesday, August 2nd, 2005

From The Chicago Tribune:
Although insurance companies are not allowed to offer specific details on their Medicare Part D (prescription drug benefit) plans until October 1, many companies are getting their name out early by offering “educational” information about the benefits. Some senior / consumer advocacy groups are unhappy about this.

“The companies are calling […]

Insurance Plans Marketing Medicare Rx Early

Tuesday, August 2nd, 2005

From The Chicago Tribune:
Although insurance companies are not allowed to offer specific details on their Medicare Part D (prescription drug benefit) plans until October 1, many companies are getting their name out early by offering “educational” information about the benefits. Some senior / consumer advocacy groups are unhappy about this.

“The companies are calling […]

Medicare Rx Benefits Outlined

Monday, July 25th, 2005

I found a USA Today article with a concise description of the new medicare prescription drug benefits. Here is a basic overview:

Seniors will have to choose from an array of insurance plans that do not yet exist. Initially, premiums will be about $37 per month. There will be a $250 deductible, […]

Prescription Benefit Assistance Application

Sunday, July 24th, 2005

From The Boston Globe:
Many seniors are quite surprised at the amount of financial information required to seek assistance paying for the new prescription drug benefit going into effect in 2006.

‘We are running into a lot of people out in the community, at senior centers, who are confused,” said Sue Kirby, interim executive director of the […]