marko
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 16, 2011
- Messages
- 8,427
Ok, so I have six months to Medicare (can't quite believe I'm writing those words!) but I'm starting some early investigations.
I'll admit up front that I haven't yet made a deep dive into all of this but I'm wondering if I've got this right about Part D:
The retail price of my only two prescriptions come to about $30 a month ($360 a year total).
In poking around with most Part D sites, I see that I can be covered for roughly $45 a month ($540 a year) with a $400 deductible. ($0 deductibles are available for a lot more)
As such, it seems I have to spend $400 a year before that insurance kicks in.
So if I've got this right, I have to spend $540 a year on insurance PLUS another $400 deductible ($940) before any of my lousy $35 a month Rx's are paid for?
How can this be?
I also learned that if I do not get coverage right at 65 I will have to pay a penalty if/when I finally do completely loose my mind and sign up for this.
I'm sure hoping one of my friends here can tell me that I'm completely missing something. (As most of you know it wouldn't be the first time)
I'll admit up front that I haven't yet made a deep dive into all of this but I'm wondering if I've got this right about Part D:
The retail price of my only two prescriptions come to about $30 a month ($360 a year total).
In poking around with most Part D sites, I see that I can be covered for roughly $45 a month ($540 a year) with a $400 deductible. ($0 deductibles are available for a lot more)
As such, it seems I have to spend $400 a year before that insurance kicks in.
So if I've got this right, I have to spend $540 a year on insurance PLUS another $400 deductible ($940) before any of my lousy $35 a month Rx's are paid for?
How can this be?
I also learned that if I do not get coverage right at 65 I will have to pay a penalty if/when I finally do completely loose my mind and sign up for this.
I'm sure hoping one of my friends here can tell me that I'm completely missing something. (As most of you know it wouldn't be the first time)