Prescription coverage can change year to year. FCIS promise to you is to review your options annually because
FCIS has all the Part D plans for you.
Prescription Drug Plans (Part D)
Part D of Medicare is Prescription Drug Coverage. You have two options when obtaining this coverage, stand-alone or within an MAPD (Medicare Advantage Prescription Drug) Plan. Both types of plans are offered by insurance carriers and regulated by Medicare. Medicare outlines the dollar amounts for maximum deductibles, and the costs associated with the coverage gap. Each plan determines their specific formulary, or list of drugs covered, their medication tiers and the cost to you of each medication in the specific tiers.
There are more than 30 different companies that sell Part D coverage in Wisconsin. Which is best to fit your needs? FCIS will help you determine that by looking at your current medication and using a sophisticated computer program to determine the best fit for you. The Annual Open Enrollment Period for Part D begins October 15-December 7. This is the time to review your upcoming drug insurance needs. FCIS promise to you is to contact you annually and review your options. We care and it shows.
Q. How much does Medicare cost?
There is no premium for Medicare Part A for most people. The premium for Medicare Part B for 2020 is $144.60 per month for most people. However, if your income is greater than $85,000 for an individual or $170,000 for a married couple filing jointly, your premium could be higher. If you are drawing social security, the premium will be deducted from your social security check. If not, you will receive a bill.
Q. When can I change my Prescription Drug Plan?
You can only make changes to your plan during the Annual Enrollment Period for Part D plans. This begins October 15 - December 7, each year. FCIS will contact you in September each year for an updated prescription list to review the new plans and premiums based on your current prescription list to recommend a switch in plans for the upcoming year or stay with the current plan. FCIS cares for you and it shows.
Have questions about your options?
Contact FCIS today to see how we can help fill the gap and provide the best prescription coverage designed for you.
Our focus is not just on the bottom line. Our primary goal in working with clients is helping them find the products and strategies that fit their needs and offer the best solutions based on coverage and budget. Our approach is informative and our practice is service-oriented.