Cha-Ching! Seniors Enrolled in Medicare Prescription Drug Plans Might Be in for Sticker Shock...(nvisionRxPlus Gold of New York which inc...),Health

"It is so important to take the time and shop among plans, and use the Medicare website (http://www.Medicare.gov) to check your drug costs" Vaughan said, adding that CU found up to a $2,700 difference between the lowest and highest cost plan within a state for the five drugs sampled. "A plan that was a bargain this year may be the exact opposite next year. Beneficiaries have just a few weeks during open enrollment to avoid being stuck with a high cost plan in 2008."

While the majority of plans CU sampled increased overall costs, some plans kept costs low, or even reduced their costs from year to year.

In 2007, HealthSpring Prescription Drug Plan-Reg 22 had the fifth lowest overall drug costs of any plan in Texas for the five sampled drugs and premiums, and a 2008 cost increase of as little as 3 percent(5). This now makes it the least expensive plan in the state for the five drugs (in New York, Illinois and California the least expensive plans for these five drugs are also run by HealthSpring).

"It is essential that beneficiaries look carefully on the Medicare website and in the 'Medicare and You Handbook' for plans with prices that start low and stay low," Vaughan said.

Consumers Union also reminds beneficiaries that many could benefit by reviewing their drug options with their doctors and considering effective, lower-cost alternatives. Savings from moving to a generic or lower cost brand alternative might more than cover their Part D premiums. Information on the safest, most effective drugs is available, free, on the CU website,