Medicare Donut Hole Woes

[Guy N]

If you have a Medicare Part D prescription drug plan you should monitor how much you are being charged for prescription drugs. If you are over charged it could mean you would end up in the donut hole sooner than you should have.

The below article explains in detail how that could happen. One thing I was amazed at was that error rates for Medicare billing.

Read Article

http://www.bankrate.com/financing/retirement/monitor-your-medicare-costs/

 

[texas gal]

Well it's bad enough to get stuck in the proverbial doughnut hole, but to have a drug company over charge you and cause you to get in the hole sooner than normal is terrible!

We seniors depend on Medicare and we depend on the Medicare people to look out for us and catch these thieves, that's what we pay to them for!

These snakes that overcharge seniors for drugs should be taken out behind the woodshed!

 

[classof63]

I just signed up for Medicare Part D and I was amazed at the different prices for drugs charged. I was also confused as why some companies list a certain drug as tier 1, while another company had it as tier 2, which meant it cost a good bit more with that company. Bottom line is that you need to compare your drug costs among different pharmacies, but also compare your Part D plan with others to see what tier you are on. The good thing is that you can switch if not satisfied during the annual open enrollment period.