Medicare Prescription Drug Plan

Medicare Prescription Drug Coverage

The new Medicare prescription drug coverage began
on January 1, 2006. Everyone with Medicare can get
this coverage that in most cases will lower your
prescription drug costs and help protect against higher
costs in the future. Medicare Prescription Drug
Coverage is insurance. You choose the drug plan and
pay a monthly premium.

If you have limited income and resources, you may
get extra help to cover prescription drugs for little or
no cost. The amount of the monthly premium is not
affected by your health status or how many
prescriptions you need. You will also pay a share of
the cost of your prescriptions.

The decision to get Medicare prescription drug
coverage depends on how you pay for your drugs
now and how you get your Medicare coverage.

Original Medicare only, or Original Medicare and
a Medigap ('Supplement') Policy without drug
coverage. The new Medicare drug coverage will cover
half of the costs for you if you have this kind of
coverage now. Enhanced options are available that
provide more coverage.

Original Medicare and a Medigap ('Supplement')
Policy with drug coverage. The new Medicare drug
coverage will generally provide much more
comprehensive coverage at a lower cost.

Retiree or Union coverage:

In most cases, people with good retiree or union
coverage can continue to get it, with new financial
support from Medicare.

Medicare Advantage Plan (like an HMO or PPO)
or other Medicare Health Plan, which already include
drug coverage and other extra benefits.

Dual coverage from Medicare with Medicaid drug
coverage. These people automatically got
comprehensive prescription drug coverage from
Medicare beginning on January 1, 2006.

**The information, pictures, and other content in this website about particular
insurance services is only provided for informational purposes. Any decisions
regarding your insurance needs should be discussed with a licensed insurance
agent.

Click on the link below to request more information about the new Medicare
Prescription Drug Coverage for Pennsylvania residents or you can speak
with our Personal Insurance agent specialist at 484-221-8598 to discuss
the features and assist you with enrollment.

Click HERE to fill out our Contact Us form

How Much Will the Plans Cost?

When you get Medicare prescription drug coverage, you pay part of the
costs, and Medicare pays part of the costs. You pay a premium each
month to join the drug plan (generally around $37 in 2006 for standard
coverage). If you have Medicare Part B, you also pay your monthly Part B
premium. If you belong to a Medicare Advantage Plan or a Medicare Cost
Plan, the monthly premium you pay to the plan may increase if you add
prescription drug coverage.

Your costs will vary depending on which plan you choose. Your plan must,
at a minimum, provide you with a standard level of coverage. Some plans
offer more coverage or lower premiums.