Yes, it’s that time of the year – the Annual Election Period is over. I hope you reviewed your Medicare prescription plan to make certain it is still the most appropriate (and least expensive) for you in 2017. Many have saved $1000’s of dollars by changing while others could only save $17 a year. Why? It really depends on the prescriptions you take. Some plans covered prescriptions in 2016 and are not covering them in 2017. Jamie, one of Ruth’s friends, takes a prescription that costs over $700 a month. Her plan covered the prescription this year but is not going to in 2017 – what a shock! She asked for an exception to have it covered by her current prescription plan and was told “No”. Fortunately, we were able to find a 2017 plan that covered the prescription for a $46 copay.
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AuthorCaroline Beauchamp specializes in personalized life and health insurance solutions. Archives
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