Seniors in Arkansas with Medicare benefits can choose from 28 Medicare Part D Plans in 2015. This year you can choose from 28 Medicare Part D Plans. Nice rates, too! But, don’t make a decision on the premium and deductible alone. It’s critical that you verify that your medications are covered. You find this information, and the co-payment tiers, in the formulary.
The 2015 Medicare Part D Coverage Gap is Closing
Are you aware that the Medicare Part D coverage gap (aka, donut hole) is still with us? The good news is that the coverage gap is shrinking, and soon it will be gone completely. Until then you can save money on your uninsured prescriptions by using a Prescription Savings Card or coupons. Pick one up at GoodRx.com.
Medicare Part D is Included with Most Arkansas Medicare Advantage Plans
Your Medicare benefits are flexible, and there’s more than one way to get prescription drug coverage. The first way is by enrolling in one of the Part D plans above. But maybe you’d like even more benefits. That’s where Arkansas Medicare Advantage Plans come in. Most offer Part D coverage.
Combining a Medicare Supplement and Part D Plan Benefits
Thinking about supplemental insurance that can offer you more coverage? It’s a smart move. Even with the new health care law, Medicare only covers 80 percent of the hospital and doctor bills incurred by most seniors in the great state of Arkansas, leaving you to handle the rest. MedicareWire.com makes it easy to find the lowest price on the Arkansas Medicare Supplement, commonly called a Medigap plan, you want. All Medigap plans are 100% compatible with the prescription drug plans listed above.
Medicare Part D for Dual Eligibles
Arkansas seniors who qualify for both Medicare and Medicaid (dual eligible) may be enrolled in a Arkansas Medicare Prescription Drug Plan automatically, as well as Social Security’s Extra Help program. Extra Help pays for most of the costs of your prescriptions if you meet the eligibility requirements. If the dual eligible option does not meet your needs, you have the option to enroll in a Arkansas Part D plan that does. If you receive Medicaid now, call your local Medicaid office for assistance with your dual eligible benefits.