Medicare Drug Prescription Benefit

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Medicare Prescription Drug and Modernization Act represents the most significant step forward for Medicare since its creation in 1965. The new prescription drug benefit provides seniors without coverage access to a completely optional, Medicare-approved plan. And because of market-based competition, the Medicare prescription drug benefit has already lowered premiums to an average of $25 per month, down from prior estimates of $37 per month. And according to recent studies, for every dollar spent on new medicines, Medicare (i.e., taxpayers) saves $8 on other forms of care.

More than 30 million American seniors are now signed up for the new Medicare prescription drug benefit. Are they satisfied with the results? Yes. The bipartisan work of Congress and the strong support of senior advocacy groups like the A.A.R.P. - seniors are finding substantial relief from the rising costs of prescription drugs.

For professional, personalized help with choosing and enrolling in a plan, you can call 1-800-MEDICARE 24 hours a day, 7 days a week. If you have access to the internet, you can visit www.medicare.gov. The website features easy-to-use information about Part D, as well as an online tool for comparing and examining different plans.

In order to find the plan that is best suited to your individual prescription drug needs, you’ll need the following information handy:For professional, personalized help with choosing and enrolling in a plan, you can call 1-800-MEDICARE 24 hours a day, 7 days a week. If you have access to the internet, you can visit www.medicare.gov. The website features easy-to-use information about Part D, as well as an online tool for comparing and examining different plans.

In order to find the plan that is best suited to your individual prescription drug needs, you’ll need the following information handy: For professional, personalized help with choosing and enrolling in a plan, you can call 1-800-MEDICARE 24 hours a day, 7 days a week. If you have access to the internet, you can visit www.medicare.gov. The website features easy-to-use information about Part D, as well as an online tool for comparing and examining different plans.

In order to find the plan that is best suited to your individual prescription drug needs, you’ll need the following information handy:

A list of the prescription drugs you are currently taking, including names and doses.
Information about any prescription drug coverage you may currently have, including Golden Buckeye or Ohio Best Rx coverage.
The name and address of the local pharmacy you use to fill prescriptions.
The out-of-pocket amount you spend on prescription drugs each year.
Your Medicare enrollment information.