Why You Need to Compare Medicare Part D Plans

By planmedicare1 - April 4, 2016

There is a huge number of people who could be saving large sums of money when it comes to Medicare Part D drug plans, and they aren’t even aware. It’s been estimated that up to 80% of people are on the wrong Part D plan. Many of these people could be saving more than $700 annually, and all they have to do is a simple Medicare Part D plan comparison.

So what is a Part D plan comparison? It’s as simple as it sounds.

Here’s how it works:

  1. You set up a meeting with a licensed agent at Plan Medicare. These meetings can take place in person, over the phone, or even on email!
  2. Your licensed agent will ask you to bring/send/tell him a list of all of your current medications, with dosage amounts. So have that list ready.
  3. Your licensed agent will run an in-depth report, comparing every single Part D plan carrier, looking for the best possible rates for the medication and dosages you take. He will also make sure that you are able to go to your preferred pharmacy, if you have one that you are particularly comfortable with.

Once you have successfully enrolled in the most beneficial Part D plan you are all set…. until next year. It’s important that you set up a meeting with your Plan Medicare agent to review your drug plan and perform a quick comparison every year. Even if your drugs and dosages have not changed, it’s still recommended that you run a comparison. One major reason why it’s important to compare Medicare Part D plans every year, is because the formularies are constantly changing. Medicare plans update their formularies, drug costs and reimbursements every two weeks. Typically, these changes are minor, and hardly noticeable to the consumer, however over time, they could add up to massive potential savings.

If you haven’t had a Part D comparison or would like another one, call 516-900-7877 and speak with a licensed agent at Plan Medicare.

Speak to a Licensed Advisor in Medicare today

Book an Appointment Call: 516-900-7877