Navigation Links
Medicare Part D Changes Not Overwhelming, Experts Say
Date:11/11/2010

By Amanda Gardner
HealthDay Reporter

THURSDAY, Nov. 11 (HealthDay News) -- Seniors enrolled in Medicare Part D prescription drug plans will come across some changes as they choose a new plan or reassess an old one during the upcoming open enrollment period, but experts say those differences won't be monstrous.

Open enrollment starts Nov. 15 and continues through Dec. 31, and any changes will take effect Jan. 1, 2011.

"Some of the doom-and-gloom predictions because of health-care reform or the freezing of Advantage Program payments [Medicare benefits provided through private plans] have been a major distortion that haven't come to pass," said Joe Baker, president of the Medicare Rights Center, a nonprofit consumer counseling and advocacy group. "While there are changes and new things to look at, it's not a lot of change."

Medicare Part D prescription coverage comes in two forms: original prescription drug plans (PDPs), which simply add drug coverage to Original Medicare, and Medicare Advantage Plans, which are like HMOs or PPOs.

Next year, 1,109 PDPs will be offered nationwide, the fewest since Part D was introduced in 2006. The average Medicare beneficiary will have a choice of 33 PDPs, although this number will vary from state to state.

"Seniors will continue to have many Part D plans, even though the overall number has declined," said Tricia Neuman, vice president and director of the Medicare Policy Project of the Kaiser Family Foundation.

The average monthly premium will rise 10 percent in 2011, to an average of $40.72. These can range from a low of $29.01 (in New Mexico) to a high of $46.51 (in Utah/Idaho), according to the Kaiser Family Foundation. In 2011, Medicare beneficiaries receiving low-income subsidies will have access to a larger number of plans that have no monthly premiums, according to the Kaiser Foundation.

But good news comes in the form of 2011 "donut hole" coverage, the gap that sets in after regular coverage has been reached and before catastrophic coverage kicks in. The consumer's share of costs will continue to decrease, until the doughnut hole is closed completely in 2020, according to the Medicare Rights Center.

Beneficiaries who find themselves in the donut hole will see a discount of 50 percent for brand-name drugs and 7 percent for generics.

That 50 percent coverage will be "a real help with relatively high drug costs," said Neuman.

The gap will start after $2,840 has been spent on drugs, while catastrophic coverage takes over at $4,550 out-of-pocket spending, according to Kaiser.

To choose the best plan for them, beneficiaries will have to do some digging during the upcoming enrollment period.

"Year in and year out, you have to look at things again because plans, drugs and your health changes. You need to make sure your plan is still a good deal," said Baker.

Look at premiums but also look beyond that, at factors like which drugs are covered by a specific plan, how much those drugs will cost you and if there's a limit on the number of prescriptions.

"Cheaper isn't necessarily better if a drug isn't approved for the plan. Then the cheap plans isn't so cheap any more," Baker explained.

"There are still many choices, but it's a good idea to compare and reassess if it's the best plan," Neuman added.

Although the open enrollment period is the same as last year, seniors should note that the Jan. 1 to Feb. 14 disenrollment period for Medicare Advantage plans is different.

"In the old days, you could either disenroll and move to Original Medicare or move to another Advantage plan,." Baker said. "This year, you can only move to Original Medicare."

More information

The U.S. Centers for Medicare & Medicaid Services has more on the prescription drug plans.

SOURCES: Joe Baker, president, Medicare Rights Center; Tricia Neuman, Sc.D., vice president and director, Medicare Policy Project, Kaiser Family Foundation


'/>"/>
Copyright©2010 ScoutNews,LLC.
All rights reserved  

Related medicine news :

1. Study shows drop in unnecessary care after Medicare reimbursement cut
2. Use of Prostate Cancer Treatment Fell When Medicare Paid Docs Less
3. Study identifies flaws in Medicare prescription drug program
4. Investment in CRC screening targeting pre-medicare population could cut medicare treatment costs
5. New Medicare model guidelines for benefit years 2012-2014 in development
6. Drug coverage under Medicare leads to increased use of antibiotics
7. Regional variation in health-care spending and utilization higher in Medicare than private sector
8. Study: Medicare policy may account for growing length of hospice stays in nursing homes
9. Stamen Medical Systems Receives Medicare Re-Accreditation and The Exemplary Provider Award
10. Experts analyze benefits, opportunities and challenges of Medicare Part D
11. Academic internists release principles for Medicare GME reform
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Medicare Part D Changes Not Overwhelming, Experts Say
(Date:6/25/2016)... ... 25, 2016 , ... As a lifelong Southern Californian, Dr. Omkar Marathe earned ... the David Geffen School of Medicine at UCLA. He trained in Internal Medicine at ... fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he had the opportunity ...
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... Angeles, CA (PRWEB) , ... June 24, 2016 , ... ... surgery procedures that most people are unfamiliar with. The article goes on to state ... procedures, but also many of these less common operations such as calf and cheek ...
(Date:6/24/2016)... ... 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. In ... benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued ... Sickle Cell Disease (SCD) is a disorder of the red blood cells, which can ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary ... Dallas that it will receive two significant new grants to support its work ... marked its 25th anniversary by recognizing patients, medical professionals and scientists for their ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... ANGELES , June 23, 2016 ... CAPR ), a biotechnology company focused ... therapeutics, today announced that patient enrollment in its ... in Duchenne) has exceeded 50% of its 24-patient ... enrollment in the third quarter of 2016, and ...
(Date:6/23/2016)... -- , , , WHEN: , ... , , , LOCATION: , , , Online, with free ... EXPERT PANELISTS:  , , , Frost & Sullivan,s Global Vice President ... Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program Manager , ... is witnessing an exceptional era. Several new demand spaces, such as ...
(Date:6/23/2016)... 23, 2016 Revolutionary technology includes ... Oticon , industry leaders in advanced audiology and hearing ... Oticon Opn ™, the world,s first internet connected hearing ... IoT devices.      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ... number of ,world firsts,: , TwinLink™ - ...
Breaking Medicine Technology: