Prescription drug plan?!


Question: Well, I'm talking about medicare part D in prescription drug plan. We use to have a drug plan and we paid a low premium each month. They changed their name and some other company bought them, so now the premiums have changed as well. The premium ended up to be higher. I was looking over the different plans, and the plan that I have is the most expensive. If our monthly premiums is higher, does it mean that drug plan has more coverage and is better?


Answers: Well, I'm talking about medicare part D in prescription drug plan. We use to have a drug plan and we paid a low premium each month. They changed their name and some other company bought them, so now the premiums have changed as well. The premium ended up to be higher. I was looking over the different plans, and the plan that I have is the most expensive. If our monthly premiums is higher, does it mean that drug plan has more coverage and is better?

It's too late to change Part D plans for this year. You'll have to wait until November 15, 2008.
Just because your premiums are higher does not mean your coverage is better.





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