Ya... this "new plan" is so convaluted that you KNOW it was thought up my the government!!!
Medicaid recipients have a whole new thing to look into and the application for help is outrageous and the
out-of-pocket costs are outrageous too! The way it's set up... EVERYONE will fall through the cracks!
I read these articles and it didn't sound complicated to me. Since I am currently dually eligible for Medicare and Medicaid will automatically be deemed eligible for low-income subsidies. Because my income is more than $9,570 but less than $12,920 I will have a co-pay $2/generic $5/brand-name. So I will be paying $12 monthly for the 3 prescriptions. I already pay $276 monthly "spend-down" to qualify for Medicaid so the $12 will count toward that. Bottom line, no more out-of-pocket expense than what I have now.
Fact Sheet on Low-Income Assistance Under the Medicare Drug Benefit - Kaiser Family Foundation
http://www.kff.org/medicare/7327.cfm
Low-Income Subsidies for the Medicare Prescription Drug Benefit: The Impact of the Asset Test - Kaiser Family Foundation
http://www.kff.org/medicare/7304.cfm
Guess I'll find out in a few months.
Jim Lubin
[EMAIL PROTECTED]
Bothell, WA, USA
http://makoa.org/jim
disAbility Resources: http://www.makoa.org
Transverse Myelitis Association: http://www.myelitis.org/HowToHelp
