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If you have any questions when going through this material please call Boone Insurance Associates Toll Free Call @ 1-800-367-0241, or you can also call 1-800-MEDICARE (1-800-633-4227) to get more information. TTY users should call 1-877-486-2048. |
Medicare part D was established to help seniors pay for their RX costs by having a plan. The standard Medicare part D plan included the following benefit level. In 2007 for a national average price of around $27 you could have a plan with a $265 deductible after which the plan would pay 75% of the drugs while the individual payed 25% of their RX cost untill the company and individual together had payed $2400 toward RX's. At this point the individual hits a donut hole where the individual is responsible for 100% of the RX cost, untill the individual has payed $3850 out of pocket. Once the individual has hit the $3850 out of pocket maximum the individual hits catastrophic coverage where their plan pays approximately 95% of RX costs.
Below you will find a selection of Medicare approved RX plans that have variations off of the the standard medicare plan info you see above. Here at Boone Insurance Associates we work with the client to help select the RX plan that will best fit the client and the RX's they are taking. Plese contact us and we will help you find a plan that will work best. You might qualify for low income assistance through social security please see the link below.
If you would like more general information on Medicare please visit www.medicare.gov or you can even print the Medicare & You Guide which is put out each year by Medicare.
*( all of the material on medicare is from www.medicare.gov)