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Retirement Discussions / Retired Fools
|Subject: Re: Mini Bummer||Date: 11/25/2012 6:00 PM|
|Author: telegraph||Number: 18077 of 19655|
"Part D drug coverage is available, but a bit complicated because each plan has its own tiered drug list. Humana/Walmart has low costs. AARP advertizes, but many common generics are tier 2 making them more expensive. There are quite a few to choose from, but much depends on what meds you want covered. "
I signed up for the Humana/Walmart plan. 10 bucks a month or so. I only use generics and they cost me only 8 bucks each under the plan...or 10 bucks even if i didn't have a plan.
IF you don't sign up for it, it goes up like 2% a month penalty forever for every month you don't have it to sign up later.
So if you develop an expensive ailment.....you are screwed....if you don't get it from age 65 on. .you can always change to a new plan at the end of the year if you want coverage of more expensive stuff with less co-pays..but higher monthly.
I got the el cheapo plan...just so the rate isn't dinged....and hopefully I'll never even have to think about changing it with more meds...just take one generic now......
You can list your meds and you'll get good answers.....
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