









|
Success Stories of Medicare Plan D Prescription Plan
"I was amazed at the
amount of money it saved," said Virginia Shores, 80, who had been
buying her medicines from a mail-order
pharmacy in Canada.
"It was well worth the time," stated
Anna Brown, 71, who, along with her
husband, Bobby, will save over $20,000
annually since enrolling in Plan D.
"This is a tremendous help to my mother
and me," commented Mary Ward, who
with her siblings, had been subsidizing
their mother's drug bill which decreased
from $476 per month to $100.
Those having a positive experience with
Plan D have the following traits in
common:
-
They did not switch from one plan to
another;
-
They did not navigate the system
themselves, but relied on computer savvy
friends, relatives, or counselors
from non-profit groups who used the
online “plan finder” to help them
choose a plan;
-
They do not participate in Medicaid;
and
-
They are more likely to reside in states
not having a state-financed plan to
assist them in paying for medications.
Todd E. Pendergraft, owner of a
Medicine Shoppe pharmacy, indicated
Plan D was "significantly beneficial" to
a third of his 750 Medicare patients, "marginally beneficial" to half, and of "no benefit at all" to the rest.
According to Dr. M. Jean Root, a
geriatrician who sees several hundred
Medicare patients, "About half of my
patients say they like the new benefit
and are saving money. The people most
likely to benefit have enough education
and perseverance to navigate the system..." She continued by saying, "The
other half of my patients, including those
with dementia and terminal illnesses
don’t have the energy, the interest or the
mental capacity to work through the
system."
Source: The New York Times, 3-26-06
|
|
|
home | elder law | wills and trusts | estate and estate tax planning | charitable tax planning
faqs | bios | resources | news and articles | contact us
Serving Worcester County, including Worcester, Shrewsbury,
Northborough,
Westborough, Sturbridge, and Harvard
© Copyright
Smith Worthington, LLC, Counsellors-at-Law
102 Shore Drive, Suite 100 Worcester MA 01605
Just across the street from the Greendale YMCA. Plenty of free parking.
Phone: 508-853-1900 Fax: 508-853-1777
Email: markw@ma-estateplanning.com Web: www.ma-estateplanning.com
The material on this page or email messages sent to markw@ma-estateplanning.com
does not constitute legal advice or create an attorney client relationship.
Certified as an Elder Law Attorney by the National Law Foundation, a private non-profit organization accredited by the
American Bar Association, but whose standards for certification are not regulated by the Commonwealth of Massachusetts.
|
|