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Over 80% of Seniors Satisfied with Medicare Part D Program. What about you?

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Over 80% of Seniors Satisfied with Medicare Part D Program. What about you?

Published on 2009-05-05 16:11:48Category: General Medicare Part D

According to a study commissioned by Medicare Today, 84% of seniors are satisfied with the Medicare Part D prescription drug program (with 55% being Very Satisfied).  The satisfaction rate shows a 6% increase since the beginning of the Part D program.  However, the overall satisfaction in September 2008 was at a higher rate of 90%.

The study, performed in March 2009 by KRC Research, also found:
  • 88% of the seniors in the survey found that their Part D plan offers a good value.
  • 68% found that they have lower spending on prescription drugs.
  • Over 90% of the seniors felt fortunate with the "peace of mind" of Medicare Part D.
  • 30% of those surveyed are now getting medications they once skipped.
  • 8% of the survey respondents had trouble paying for their prescriptions.
  • 87% say that their Part D plan is "delivering what it said it would".
  • 68% found that they have lowered the cost of prescription drugs (80% of the people over 75 said that they have lowered their drug costs).
  • 26% feel frustrated with their prescription drug coverage.
  • 80% find that their Part D plan covers their prescribed medications (61% strongly agree).
Why is the Part D plan working?
 According to the seniors: Convenience, Smooth Operations, and Fair Prices.

The study was based on telephone calls to 1,063 seniors (age 65 and over) enrolled in Medicare.  89% of the people questioned had prescription drug coverage.  20% were enrolled in a stand-along prescription drug plan (or PDP) and 23% received drug coverage through their Medicare Advantage Plan (or MA-PD). 

What are your thoughts?

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Tips & Disclaimers
  • The Medicare Advantage and Medicare Part D prescription drug plan data on our site comes directly from Medicare and is subject to change.
  • Medicare has neither reviewed nor endorsed the information on our site.
  • We provide our Q1Medicare.com site for educational purposes and strive to present unbiased and accurate information. However, Q1Medicare is not intended as a substitute for your lawyer, doctor, healthcare provider, financial advisor, or pharmacist. For more information on your Medicare coverage, please be sure to seek legal, medical, pharmaceutical, or financial advice from a licensed professional or telephone Medicare at 1-800-633-4227.
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  • Medicare beneficiaries with higher incomes may be required to pay both a Medicare Part B and Medicare Part D Income Related Monthly Adjustment Amount (IRMAA). Read more on IRMAA.
  • Medicare Advantage plans that include prescription drug coverage (MAPDs) are considered Medicare Part D plans and members with higher incomes may be subject to the Medicare Part D Income Related Monthly Adjustment Amount (IRMAA), just as members in stand-alone Part D plans. In certain situations, you can appeal IRMAA.
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  • If you are enrolled in a Medicare plan with Part D prescription drug coverage, you may be eligible for financial Extra Help to assist with the payment of your prescription drug premiums and drug purchases. To see if you qualify for Extra Help, call: 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048, 24 hours a day/ 7 days a week or consult www.medicare.gov; the Social Security Office at 1-800-772-1213 between 7 a.m. and 7 p.m., Monday through Friday. TTY users should call, 1-800-325-0778; or your state Medicaid Office.
  • Medicare evaluates plans based on a 5-Star rating system. Star Ratings are calculated each year and may change from one year to the next.
  • A Medicare Advantage Private Fee-for-Service plan (PFFS) is not a Medicare supplement plan. Providers who do not contract with the plan are not required to see you except in an emergency.
  • Disclaimer for Institutional Special Needs Plan (SNP): This plan is available to anyone with Medicare who meets the Skilled Nursing Facility (SNF) level of care and resides in a nursing home.
  • Disclaimer for Dual Eligible (Medicare/Medicaid) Special Needs Plan (SNP): This plan is available to anyone who has both Medical Assistance from the State and Medicare. Premiums, co-pays, co-insurance, and deductibles may vary based on the level of Extra Help you receive. Please contact the plan for further details.
  • Disclaimer for Chronic Condition Special Needs Plan (SNP): This plan is available to anyone with Medicare who has been diagnosed with the plan specific Chronic Condition.
  • Medicare MSA Plans combine a high deductible Medicare Advantage Plan and a trust or custodial savings account (as defined and/or approved by the IRS). The plan deposits money from Medicare into the account. You can use this money to pay for your health care costs, but only Medicare-covered expenses count toward your deductible. The amount deposited is usually less than your deductible amount, so you generally have to pay out-of-pocket before your coverage begins.
  • Medicare MSA Plans do not cover prescription drugs. If you join a Medicare MSA Plan, you can also join any separate (stand-alone) Medicare Part D prescription drug plan
  • There are additional restrictions to join an MSA plan, and enrollment is generally for a full calendar year unless you meet certain exceptions. Those who disenroll during the calendar year will owe a portion of the account deposit back to the plan. Contact the plan provider for additional information.
  • Medicare beneficiaries may enroll through the CMS Medicare Online Enrollment Center located at www.medicare.gov.
  • Medicare beneficiaries can file a complaint with the Centers for Medicare & Medicaid Services by calling 1-800-MEDICARE 24 hours a day/7 days or using the medicare.gov site. Beneficiaries can appoint a representative by submitting CMS Form-1696.