Helping with Prescription Drug Plans (PDPs)

 

CONTINUING CHANGES IN PDPs  for 2009

» CHECKLISTS. There are PDP checklists at the [TAB] Plan Checklists for comparing prescription drug plans. And the [TAB] How To Use Guide includes a section for considering commercial PDP plans.

» MEDICARE Commercial PDP plans for 2009 are available at www.medicare.gov now. Go there and click on "Medicare Prescription Drug Plans" and follow the steps in the "Consider Commercial Plans" below.

    Alcatel-Lucent's Medicare PDP plan, introduced in 2008, is also a Medicare Part D plan.  Medco holds the contract with Medicare. For 2009, the annual deductible has gone up. The co-pays and premiums have not yet been published.  Alcatel-Lucent, itself, reminds retirees to:

"Carefully review options available outside Alcatel-Lucent to insure that the Alcatel-Lucent prescription drug coverage you will receive meets your needs"

During 2008, many retirees found that other PDP Part D plans had more favorable terms. They found plans that had no deductible and much lower drug copays (like zero-copay for a 90 day mail order), which more than offset the additional monthly premium. For 2009, Medicare has said that premiums will be increasing (click here), so the results could be less favorable this year.

» NON-MEDICARE Retirees will receive new information for 2009 in their "yellow envelope."  Please e-mail or post your experiences so we can add to this web site.

 

 

 

  
 RETIREES NEED TO CONSIDER COMMERCIAL PLANS NOW with the information below

»  START NOW. Retirees should begin considering whether a commercial plan is more effective for their own needs. There's lots of information about Part D plans for 2009 on the Medicare web site www.medicare.gov. This site includes a cost calculator for your own group of prescriptions, called a "formulary." And be sure to register at MyMedicare.gov and the Benefits Center web site to keep track of your status, as described in the TAB] Welcome. You need to START NOW, because there is very little time between when you receive your Alcatel-Lucent Open Enrollment information in your "yellow envelope" and when you to have apply for a commercial plan.

» Step 1 Calculate commercial plans. Commercial Part D plans have posted their costs on the medicare.gov Web site.

» Step 2 Register on the Medco web site. Be sure to have registered with www.medco.com so that you gain access to the price of your prescriptions when their "formulary" is finally published on line.

» Step 3 Calculate Medco/Lucent's plan starting about November 1. Prescription drug formularies are available for comparison to commercial plans on that date. Medco/Lucent's formularies should be at www.medco.com/medd/alu or call 800.230.0512 for Medicare or 800.336.5934

» Step 4 Because of the short time allotted by Alcatel-Lucent to enrollment, you may need to (a) enroll in the Medco/Lucent plan, (b) then disenroll in the Medco/Lucent plan and then (c) enroll in a commercial plan if you find a better one.

You will have less about one week between the posting of Medco's formulary and the date to enroll in a commercial plan. Some retirees reported significant difficulties in having the Alcatel-Lucent's Benefit Center disenroll them from the Medco/Lucent plan. What worked for many retirees is to file a Medicare-approved "grievance" as outlined in Medco's "Statement of Benefits" mailed to all retirees.

Grievance process: Medco has a toll-free number 1-800-230-0512 that you can call with your specifics to file a request for disenrollment. Or you can write directly to them at

Medco Prescription Drugs
Service Grievance Resolution Team
P. O. Box 639405
Irving, TX 75063-9405

 

 

 

 

 


From the www.medicare.gov web site
1
. Information available

Because the way that Medicare drug coverage works depends on your current coverage, Medicare has specific information available to help you no matter what type of coverage you have. These resources include the CMS brochure What Medicare Prescription Drug Coverage Means to You: A Guide to Getting Started and the Medicare & You 2009 guide that you can read. You can get the brochure and other free Medicare publications by visiting www.medicare.gov or calling 1-800-MEDICARE. You should also look for and review information from your current insurer about how your current coverage will work with the Medicare prescription drug coverage.

2. Determining what matters most and reviewing plan options

Once you decide that you want prescription drug coverage, think about what matters most to you. There are a range of plan options available, so you can focus on the kind of coverage you prefer. There are two ways you can get your Medicare drug coverage. You can add drug coverage to the traditional Medicare plan through a “stand alone” prescription drug plan. Or you can get drug coverage and the rest of your Medicare coverage through a Medicare Advantage plan, like an HMO or PPO, that typically provides more benefits at a significantly lower cost through a network of doctors and hospitals. No matter what type of plan you choose, you can choose a plan that reflects what you want in terms of cost, coverage and convenience.

Medicare has a Prescription Drug Plan Finder web site. Similar information is available at your local Social Security office.

3. Choosing a plan

Beginning on November 15, people with Medicare can choose a prescription drug plan. There are many ways to choose a plan. You may rely on advice from people you know or trust, or choose a plan you are already familiar with, or use the Landscape of Local Plans located on http://www.medicare.gov to find a plan that meets your needs. All of the plan options must meet or exceed Medicare's standards for coverage, including coverage for medically necessary drugs.

If you want to make more specific plan comparisons based on what matters to you, you can get personalized information from the Medicare Prescription Drug Plan Finder . The Medicare Prescription Drug Plan Finder can be accessed at www.medicare.gov , or through a customer service representative at 1-800-MEDICARE, or through the many organizations working with Medicare to help people take advantage of the new drug coverage.

4. Enroll

You can enroll in a plan starting on November 15.  Enrollment closes December 31. Medicare will have an online Enrollment Center at www.medicare.gov. You can also enroll by calling the plan's toll free number, by mailing in an application to the plan, or by visiting the plan's website