Fairmount Assisted Living & Memory Care
blog-banner2.jpg

BLOG

Fairmount Blog

Reviewing Prescription Coverage

Medicare Part D is the type of policy that covers prescriptions under original Medicare. For those who have used a stand-alone policy in the last years, be advised, prices are going up. Premiums and deductibles may be noticeably higher this year. It pays to shop around.

Medicare consumers have until December 7th to make a change to their prescription coverage policy. One handy tool to do a comparison can be found on Medicare.gov website. On this website, a consumer can plug in their zip code and specific prescriptions and do a comparison.

The most important factors to compare are, cost of premium, cost of deductible, gaps in coverage (donut hole), and co-pays for generic versus brand name prescriptions.