Debunking Common Medicare Part D Myths
North American Precis Syndicate
You may be able to save money on medications by using a preferred pharmacy in your Medicare plan’s network. (NAPS)
(NAPSI)—It’s important to evaluate your Medicare Prescription
Drug Plan every year. Your plan benefits can change, including your
prescription drug coverage, premiums, deductibles and pharmacy benefits. As
you do your research, you may run into a few misconceptions. Walgreens vice
president of specialty and retail pharmacy operations Rina
Shah debunks five common myths about Medicare Part D.
Myth 1: Your Medicare
prescriptions cost the same at all pharmacies.
Fact: You often pay less on copays when you fill a Medicare Part D-covered
prescription at a preferred pharmacy in your plan’s network. These
savings can quickly add up.
Myth 2: Medicare Part D and
Medicare Advantage plans can require you to fill prescriptions by mail.
Fact: Medicare prevents plans
from requiring patients to use a mail-order pharmacy exclusively.
Myth 3: Once you pick a plan,
you don’t need to review it each year.
Fact: Changes in the
prescriptions you take, plan design and coverage may cause your existing plan
to no longer be right for you. Your insurance provider sends a letter that
describes any changes to your plan. It is important to review these changes
as they could impact your total cost.
Myth 4: It’s a good idea
to pick a plan that a friend recommends.
Fact: While your friends may
have good recommendations, their prescriptions and doctors are likely
different from yours. Because copays for drugs are
an important part of the overall Medicare costs, what works for your friend
may not be the right choice for you.
Myth 5: Changing your plan
means you must change your pharmacy.
Fact: Getting a new plan doesn’t
always result in having to use a new pharmacy. When evaluating your plan
options, always consider your preferred pharmacy as an important part of your
When you start to research coverage, make sure your pharmacy of choice is
in your plan’s preferred network. Walgreens is a preferred network
pharmacy with many plans nationwide, which means you can save money on your copays.
For more information on tools to make prescription management easier,
“You may be able to
save money on medications by using a preferred pharmacy in your Medicare
plan’s network, suggests Walgreens vice president of pharmacy
operations and specialty, Rina Shah. http://bit.ly/2lpUv2s”
On the Net:North American Precis Syndicate, Inc.(NAPSI)