Annual Enrollment is October 15 to December 7 this year
All Medicare beneficiaries should evaluate their prescription drug coverage
WOONSOCKET, R.I., Oct. 14, 2011 /PRNewswire via COMTEX/ --
As annual open enrollment season begins for Medicare Part D prescription drug plans, CVS pharmacists are available to answer questions and provide guidance on how to complete plan comparisons. From October 15 to December 7, Medicare beneficiaries have the opportunity to review their current prescription coverage and enroll in a new plan, if they so choose.
"Affordability of prescription medications can pose challenges for seniors who may take multiple prescriptions for a number of chronic conditions on an ongoing basis," said Papatya Tankut, RPh, Vice President of Pharmacy Professional Services, CVS/pharmacy. "Achieving cost savings through the thoughtful selection of a Medicare Part D plan can help seniors save money, stay on their medications and achieve healthier outcomes."
To help seniors navigate Medicare Part D plans and find options that meet their unique needs, CVS/pharmacy is offering resources both in store and online. CVS pharmacists are available throughout the annual enrollment period to provide patients a list of their current medications. They can provide assistance on how to complete plan comparisons using the Medicare Plan Finder Tool. Additionally, seniors can access the 2012 Medicare Plan Finder at CVS.com/medicare to compare plans. The site provides answers to common questions about Medicare Part D plans, and lists additional sources of information.
A Medicare Part D plan review is encouraged annually as plans and medications change from year to year. Seniors and caregivers should consider the following questions when comparing Medicare Part D plans:
- What are you currently paying for your plan premiums?
- What are your annual deductibles and prescription copayments?
- What are your total out-of-pocket expenses?
- What choice of plans are offered in your area?
- Is there a preferred pharmacy network?
- Have any of your prescriptions changed?
CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE: CVS), is America's leading retail pharmacy with more than 7,200 CVS/pharmacy and Longs Drug stores. CVS/pharmacy is committed to improving the lives of those we serve by making innovative and high-quality health and pharmacy services safe, affordable and easy to access, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Caremark is available at http://info.cvscaremark.com/.