Well here we have it finally, the long awaited Medicare Part D, to help all those seniors pay for their prescription drugs. First of all is the marketing plan, mostly on the internet which the majority of seniors over age 80 do not use. But I called my mom over (age 91) and we looked for premiums online. And we looked and we looked. Finally found the Medcare Part D calculator and found in Idaho the lowest premium offered is $6.33 monthly.in her case, she takes 2 medications monthly that cost $62.31. So if she can find the $6.33 plan, she saves $19 change a month. Not bad almost $240 annually. So we look further and further and further and finally find the all elusive $6.33/month plan. It is on a page that comes up at 51% pdf file, NO ONE CAN READ THIS! But if you are computer savy, you realize that it can be pumped up to 1600%. And the plan is available for any Humana participant. (Apparently Humana a preferred provider organization does have some limited coverages in Idaho, but when you try to get a quote they can't give you one for anyone over age 65) So on to the next best option $27/month in premium. Yep this is a real savings for the 91 year old. Currently she pays $747.32 annually. With the new insurance coverage it will only cost $1006 annually. Of course she worries if she doesn't sign up now, she will be charged 1% per month more on her premium at the time she actually does sign up. BALDERDASH! I will pay her prescriptions, which I already do. An maybe if she doesn't have to worry about them she can live to be 100. I think if we sign her up for the "benefit" she'll stress herself to death before she hits 92! So for all you middle age plus folks who do happen to be computer savvy, think about your aged parent having to navigate the internet to get their benefit questions answered. Secondly, do the math, unless thay have a ton of prescriptions, this "insurance" is a pure and simple RIPOFF!
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