Click here to learn more about Medicare’s prescription drug coverage
Thousands of West Virginians have access to new Medicare prescription drug coverage. Starting January 1, 2006, West Virginia’s more than 350,000 Medicare beneficiaries will have access to Medicare prescription drug insurance that will provide savings from negotiated discounts on a wide variety of drugs. Medicare beneficiaries comprise 19 percent of West Virginia’s population, higher than the national average.Every West Virginian eligible for Medicare will find value in the new Medicare Prescription Drug Benefit and should give serious consideration to enrolling. To get this prescription coverage, you must sign up. Choose a Medicare-approved prescription drug plan in your area that meets your needs. Everyone in Medicare can enroll, and you won’t be turned down because of a pre-existing condition.
Take the time to decide if you should enroll. Contact a Medicare
counselor at 1-800-MEDICARE, or visit www.medicare.gov
between now and December 31 to begin receiving coverage January 1. You can also
sign up through approved Medicare prescription drug plans or at local enrollment
events. The last day to join a plan offering coverage for 2006 without penalty
is May 15, 2006.
Low-income Medicare beneficiaries will save by enrolling in the new
prescription drug coverage. Until now, West Virginia’s 73,000
low-income Medicare beneficiaries were without prescription drug coverage.1
Starting January, they’ll be eligible for coverage and will experience
reduced or eliminated premiums, deductibles and cost-sharing. For example, a
low-income beneficiary in West Virginia, with no previous prescription drug
insurance and with annual drug spending of $1,949 prior to implementation of
the plan, will pay an estimated $134 for the same medicines, saving $1,815,
once enrolled in Medicare prescription drug insurance.
More About the Medicare Drug Plan
1. Study prepared by Muse & Associates, Estimates. Based on 150% or less of FPL.
2. Ibid.