MA-EGWP versus Medicare Plan G

[Sunset]

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Prescription coverage seems to be very good. $10/$20/$35. An extensive formulary list and a supplemental list on medications not covered by medicare. Could be extremely useful.

Alternatively I believe I can get a plan G with some additional perks such as vision/hearing coverage for $170/month. Then I would still need to get a standalone plan D-which seems to be more of a crap shoot on coverage.

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You could sign up at medicare.gov if you haven't already for an account, and then look at plan D choices. That way it wouldn't seem like such a crap shoot as you would know for certainty the cost and coverage and could even look at formularies.

 

[Happily Retired 2019]

I'm not really familiar with these plans but with standard Medicare Advantage as I understand it, you still have to pay your Part B premiums which for 2024 are $174.70 per month. Likewise with regular Medicare, you have to pay that same Part B premium. In your case, I assume that Part B premium is already included in your monthly payment. So, in addition to the cost of a G supplement and a Part D drug plan, you would have to add that Part D premium to compare. Part D drug plans can be changed annually and many of os currently have a Wellcare Part D plan that has no monthly premium. In addition, many commonly used drugs like a generic statin are also no cost. The increase in cost of your existing plan for next year seems excessive to me when compared to what it might cost you for traditional Medicare with a supplement plan G plus Part D.

Hi Ian: I also have Wellcare Part D and was loving it this year. However for me it went from $3.90 per month for which I paid $44.0 for the year in one shot- to in 2025 it will be $98 and change per month- That is a hefty increase.

 

[audreyh1]

Hi Ian: I also have Wellcare Part D and was loving it this year. However for me it went from $3.90 per month for which I paid $44.0 for the year in one shot- to in 2025 it will be $98 and change per month- That is a hefty increase.

That’s surprising. For most people it has gone to $0 premium. Of course it depends on the state/county. Medicare.gov will give you your options for your zip code including prescriptions and pharmacies if you enter that info.