Seniors in Illinois with Medicare benefits can choose from 32 Medicare Part D Plans in 2015. Choose your Part D Plan wisely. If you have a regular prescription or two, we suggest that you verify that the plan you want offers your medication at a good price. This information is available in the plan’s formulary. The formulary also gives you the co-payment information.
The Medicare Part D Donut Hole is Closing, but not in 2015
Are you aware that the Medicare Part D coverage gap (aka, donut hole) is still with us? The new healthcare law is gradually doing away with the coverage gap. Until the donut hole is gone for good, you can save money on prescriptions that are not covered by downloading a Pharmacy Discount Card or coupons. We recommend GoodRx.com.
Medicare Part D is Included with Most Illinois Medicare Advantage Plans
Medicare realizes that one type of plan does not suit everyone. That’s why there are two ways to get help with your prescriptions. The first way is by enrolling in one of the Part D plans above. The second way to get help paying for your prescriptions is through one of the Illinois Medicare Advantage Plans that include Part D.
Combining a Medicare Supplement and Part D Plan Benefits
The new healthcare law did not change the coverage you get from Medicare for major medical. 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 Illinois, leaving you to handle the rest. MedicareWire.com makes it easy to find the lowest price on the Illinois Medicare Supplement, commonly called a Medigap plan, you want. The choice is yours, because all Part D plans are compatible with Illinois Medigap plans.
Illinois Medicaid and Your Medicare Part D
If you meet the requirements for both Medicare and Medicaid (dual eligible) in Illinois, you will automatically receive a Medicare Prescription Drug Plan, as well as Extra Help from Social Security. If you qualify for Extra Help, the program will cover most of the costs of your prescriptions. Even if you qualify, the dual eligible option may not suit your needs. In this case, enroll in the prescription drug plan of your choice. If you qualified for Medicaid before you were eligible for Medicare, contact the your local Medicaid office.