Supplements & Prescription Drug Plan

No matter the medication, prescription drug prices continue to rise. Getting the right prescription drug coverage allows you to be protected so you don’t have to worry about not being able to afford the medicine you need. 

Medicare has drug coverage for Medicare Part A (related to hospital insurance) and Part B (medical). For drug coverage, there’s Part D, but the key is getting the most out of your plan and coverage. Medicare doesn’t aim to be confusing, but it sure can be. 

If you are in need of prescription coverage, let Parr do all the work for you. Examine your situation and present the best possible plan and options to you. 

We specialize in getting you the best Medicare coverage possible.

Many people don’t know or understand the full options out there, and of course, these options are also changing all the time. 

See below for a full Q&A on Medicare, but first, here’s an example of how we handled one recent case. 

First, a small overview.

Most military veterans go with Medicare at 65 because they feel they’re getting the best value. No Part B Premium. It’s great for average and above average health. No real out of pocket and get reimbursed for travel. Emergency care is covered at local hospital. Once Emergency is over it can be very inconvenient to travel to Veteran Facility. 

Here is where the flexibility of VA becomes very valuable. Vets can sign up for Medicare Part B anytime and the VA Drug Plan is credible coverage and you will not be penalized. 

But let’s say your health is NOT good. That changes things quite a bit. Here is a great example of how we were able to help one of our customers with such a situation.

An 82-year old veteran had a Medicare Supplement Plan. After reviewing his plan with him we determined that a Medicare Advantage Plan coordinated more efficiently with his VA Benefits. 

He saw that he was paying $271.00 a month for his Medicare Supplement in addition to $134.00 for Part B. 

We found that he was actually eligible for Medicare Advantage Plan at a $0 Premium*.  So in switching to this he had a savings of $3,252.00 a year. 

*Some Counties have a $0 Premium Medicare Advantage Plan.  This man lived in one of those Counties, so we were able to move him to a plan so he could take advantage of an amazing yearly savings.

Frequently Asked Questions About Supplements & Prescription Drug Plan