Medicare Part D

@DirkB349973 

Can you give me the name of the the Wellcare Part D plan that says this. Or quote from the plan if possible  I have tried to research it and can’t find anything like that -  It actually does not sound feasible or even legal.  

They actually have absolutely nothing to do with each other causes the only medigap plans that had some prescription drug coverage were discontinued in 2010 - Even if a beneficiary has one of these old Medigap plans, they need to pick up a Medicare Part D free standing plan because the drug coverage is minuscule within the Medigap plan.

Anyway would really like to know what you are referring to in your post.

TIA

@ftz3951 

I cannot tell you specifically but there would have to be something in your area that goes against the lower premium because they all work their cost the same way.

So it could be one of these or a combination of them

• that you have smaller insurers and they just can negotiate for the price of the meds as much as the real large insurers
• that your state has added some additional coverage rules to the policies sold in your area and they have to comply
• you don’t have a lot of preferred pharmacies in the area and thus the negotiations with then doesn’t get the price as low as in other areas.

You should pick your free-standing Part D coverage based on the meds which you take.  If none or only a few of a Tier 1 level generic, then you can opt just to buy the lowest cost plan and then buy your meds at a discounter and not use the insurance at all or rarely if you are prescribe something else during the year that’s covered.

You do this only to avoid the late sign up penalty for Medicare Part D - which will last forever.