Elder Law Answers
10 Factors to Consider When Choosing a Medicare Drug Plan
Choosing a Medicare drug plan (Medicare Part D) requires evaluating more factors than just the cost of the monthly premium.
Read moreElderLawAnswers Adds Medicare Drug Benefit Checklist
- March 25th, 2013
Starting October 1, 2005, companies began marketing Medicare drug plans to recipients who wish to sign up for the new Medicare drug benefit, which takes effect January 1, 2006. Medicare beneficiaries will have many plan choices, but choosing the right plan requires evaluating more factors than just the cost of the monthly premium. In fact, a beneficiary may conclude that the plan with the cheapest monthly premium may not be the best value.
To help Medicare recipients make the best choice of plan, ElderLawAnswers has added a new checklist to its Web site, "10 Factors to Consider When Choosing a Medicare Drug Plan."
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Margaret A. O’Reilly is an estate planning and elder law attorney with over thirty-five years of legal experience. Attorney O’Reilly graduated from Duke University with a degree in psychology, and received her law degree from Northeastern University School of Law in Boston, Massachusetts. For over 15 y...
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To see ElderLawAnswers' new checklist, click here.
For more on Medicare's prescription drug benefit, click here.
Last Modified: 03/25/2013
