Olson Urges Seniors to Take Advantage of Open Enrollment in Medicare Part D
Rep. Pete Olson today reminded seniors in the 22nd Congressional District of Texas that open enrollment is available now for Medicare Part D prescription medication plans. Medicare Part D is a helpful program to help eligible seniors with high prescription medication costs. Open enrollment is happening now through December 31, 2009. Medicare prescription drug coverage is available to all seniors who choose to enroll.
â€œEvery senior should have access to affordable medications needed for good health,â€ said Rep. Olson. I encourage all seniors who have not yet enrolled to take a look at Part D options to see how much they can save. Medicare Part D is saving seniors an average of $1,100 a year - $2,500 for low-income seniors. For seniors struggling with expensive prescription costs who are not enrolled in this plan, open enrollment is the time to sign up.â€
For more information on Medicare Part D, visit www.Medicare.gov, call 1-800-MEDICARE, or contact Rep. Olsonâ€™s district offices at 281-494-2690 or 281-486-1095. Seniors already enrolled in a Medicare prescription drug plan also have the option of changing plans without penalty during the 2009 open-enrollment period.
Plan costs and coverage change each year, so all people with Medicare should check to make sure their plan still meets their needs and budget. There may be a Medicare health or drug plan available with better coverage or a lower deductible in 2010.
Fast Facts for Texas in 2010
â€¢ 50 Medicare Prescription Drug Plans (PDPs) available
â€¢ 85% of people with Medicare have prescription drug coverage (including 56% with Part D)
â€¢ 45% of people with Part D get Extra Help (also called the low-income subsidy, or LIS)
â€¢ 100% of people with Medicare have access to a MA plan for a $0 premium
â€¢ 100% of people with Medicare have access to a MA plan with maximum out-of-pocket cost limit less than or equal to $3,400
â€¢ 21 PDPs have $0 deductibles
â€¢ $21.00 is the lowest monthly premium for a PDP
â€¢ $66.50 is the lowest monthly premium for a PDP with any generic coverage in the Coverage Gap
â€¢ 11 POPs have a premium of $O for people who qualify for Extra Help