[RS]

"please remember that you can switch plans each year during the annual enrollment that starts Nov.15, 2006-Dec.31,2006 For 2007"

Great, so one is forced to buy a private plan that may not cover what they may wind up needing, and if they roll the dice wrong they have to pay full rate for up to a year ?

... but someone who is allready sick now, can buy exactly what they need and start getting benefits immediately.

[bremenboy]

Great, so one is forced to buy a private plan that may not cover what they may wind up needing, and if they roll the dice wrong they have to pay full rate for up to a year ?


you are not forced to buy any plan. and the lowest cost plan in a very good one that also happen to be a good choice for even those who take a lot of meds.

I don't know what you mean by paying full rate the government is pay about 75% of the cost on the base plan that covers 75% of your drug cost after a 250 deductible and before you hit the gap and 95% after.

[LZ_Bayonet]

Great, so one is forced to buy a private plan that may not cover what they may wind up needing, and if they roll the dice wrong they have to pay full rate for up to a year ?

Part D experts: Doesn't the column that says something like "% of drugs in this company formulary" come into play regarding this question? As I recall, my Mother's company had 95% in their formulary.

Thanks to the experts who answered, at least with an option, what you do if one day you are prescribed an additional drug that is not in the formulary (i.e. switch companies during new enrollment period).

Also, if there was going to be a Medicare Drug Plan, I am glad that it happened during a Republican administration because of the competitive aspects of involving private companies.