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Preview of Your 2014 Medicare Part D Prescription Drug Plan Coverage

Publish On 2013-04-02 , 8:40 AM

On April 1st, the Centers for Medicare and Medicaid Services (CMS or Medicare) released the final 2014 Medicare Part D prescription drug plan defined standard benefit parameters for Medicare Part D prescription drug plan coverage, providing us with a preview of next year’s plan designs.  ...





CMS Proposes 2014 Payment and Policy Updates for Medicare Health and Drug Plans

Publish On 2013-02-15 , 11:38 AM

Greater Value for Medicare Beneficiaries and Improved Payment Accuracy


Beneficiaries will get greater protections, value, and care in the Medicare services they receive through proposed policies released today by the Centers for Medicare & Medicaid Services (CMS). Today’s 20 ...





The 2013 Medicare Part D annual Open Enrollment Period Begins Today

Publish On 2012-10-15 , 6:54 PM

The 2013 Medicare Part D and Medicare Advantage plan annual Open Enrollment Period begins today, October 15th and continues through Friday, December 7th.  During the next seven weeks, you will have the opportunity to add, change, or drop your Medicare Advantage plan or Medicare Part D prescript ...





Medicare Part D Low-Income Subsidy (LIS) recipients still will have some $0 premium qualifying Part D plan choices for 2013

Publish On 2012-10-04 , 8:27 PM

Extra Help or the Low-Income Subsidy (LIS) is a federal program helping low-income Medicare beneficiaries pay a portion of their Medicare Part D prescription drug costs.  Based on a person’s income and financial resources, the Extra Help or LIS program pays all or part of a person’s ...





More 2013 Medicare Part D Plans Will Be Offering Donut Hole Coverage

Publish On 2012-10-03 , 7:01 PM

Seniors will find a few more 2013 stand-alone Medicare Part D plans offering some form of Donut Hole or gap coverage.  None of the 2013 Medicare Part D plan offers complete brand-name Donut Hole coverage (which is no real surprise), but there are a variety of different coverage options availabl ...





Most 2013 Medicare Part D Plans Will Have an Initial Deductible

Publish On 2012-10-02 , 2:29 PM

Since 2007, the number of Medicare Part D plans choices has decreased and so have the relative number of stand-alone Medicare Part D plans that offer a $0 initial deductible - meaning that relatively more Medicare Part D plans are being offered with an initial deductible.

Specifically, of the 187 ...





Monthly 2013 Medicare Part D Premiums: The Highs and Lows

Publish On 2012-10-01 , 2:13 PM

In 2013, the range or spread of Medicare Part premiums has increased with the highest monthly Medicare Part D premium increasing and the lowest monthly Medicare Part D premium (in most states) decreasing.

Medicare beneficiaries seeking a bargain may notice that for the 2013 Medicare Part D plan y ...





83% of Medicare Part D beneficiaries can expect higher monthly 2013 Medicare Part D prescription drug plan premiums

Publish On 2012-09-23 , 11:31 AM

Without taking into account the Medicare plan enrollment or plan popularity, the average monthly Medicare Part D premium will actually decrease slightly in 2013.  The average monthly premium across all 2013 Medicare Part D plans (excluding the US Territories) is about $53.26 – compared to ...





Preview into 2013: About the Same Number of Medicare Part D Plan Choices in 2013

Publish On 2012-09-22 , 6:38 PM

Medicare Part D beneficiaries will have about the same number of Medicare Part D prescription drug plan choices available in 2013, that is, an average of 31 Medicare Part D plans are available in each Medicare Part D region or state.  For comparison, there was an average of 49 Part D plans offe ...





What Can You Expect From the 2013 Stand-Alone Medicare Part D Plans?

Publish On 2012-09-21 , 3:12 PM

For those of you who are just now getting ready for the 2013 annual Medicare Part D Open Enrollment Period, here is a high-level preview of some of the stand-alone 2013 Medicare Part D prescription drug plan landscape.

Based on the recently released 2013 Medicare Part D prescription drug plan i ...






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