WOONSOCKET, R.I., Oct. 15, 2012 /PRNewswire/ -- With the start of Annual Enrollment Period today for Medicare Part D prescription drug plans, CVS/pharmacy is ready to help pharmacy patients who are enrolling in Medicare Part D for the first time or want to make a change to their current coverage plan. The October 15 to December 7, 2012 Annual Enrollment Period is the one time a year that most Medicare beneficiaries can review their current prescription coverage and enroll in a new plan for 2013 if they choose.
"Because Medicare Part D plans change every year and the prescriptions they take may also change, we strongly recommend that beneficiaries review the various plans available on an annual basis to determine which plan best fits their own prescription needs and financial situation for the coming year," said Papatya Tankut, RPh, Vice President of Pharmacy Professional Services, CVS/pharmacy.
"CVS pharmacists are available throughout the Annual Enrollment Period to help patients save money by providing them all of their current prescription information required to complete plan comparisons using the online Medicare Plan Finder. While pharmacists cannot recommend any specific Medicare Part D plan, they can help guide patients through the selection process to choose the best plan for their individual needs," added Tankut.
In addition to the support provided by CVS pharmacists, Medicare Part D informational kiosks are installed in 7,400 CVS/pharmacy locations. The kiosks offer information from a selection of plans available locally to Medicare beneficiaries, as well as the CVS/pharmacy Medicare Part D Starter Kit. This kit contains step-by-step instructions on how to complete a Medicare Part D plan comparison, an overview of new online tools at CVS.com that makes it easier for patients to manage their prescriptions, and information about no-cost flu shots available for Medicare Part B participants.
Medicare Part D Fairs will also be held at select CVS/pharmacy locations in Los Angeles, Long Beach, Miami, Fort Lauderdale, Raleigh and Charlotte in October and November. The fairs will feature representatives from a number of Medicare Part D plans available in these markets to provide information about prescription coverage options for 2013. For information on specific store locations, dates and times, please visit www.cvs.com/medicare.
"Covered medications, plan premiums, deductibles, prescription copayments and annual out-of- pocket expenses can change every year. When comparing Medicare Part D plans to determine which plan works best for you in terms of cost, it's important to consider all of these elements to calculate the total cost of the plan," said Tankut. "Other important considerations are whether the medications you are taking have changed, if you're traveling more frequently or have moved, because covered drugs and cost sharing may vary between plans and from region to region."
CVS/pharmacy also offers online support at www.cvs.com/medicare, where patients can access the Medicare Plan Finder and get answers to common questions about selecting a Medicare Part D plan.
CVS/pharmacy does not endorse any specific Medicare Part D plan and accepts all major Medicare prescription drug plans.
CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE: CVS), is America's leading retail pharmacy with more than 7,300 CVS/pharmacy and Longs Drug stores. CVS/pharmacy is reinventing pharmacy to help people on their path to better health by providing the most accessible and personalized expertise, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Caremark is available at http://info.cvscaremark.com/.