Page 5 - Cover Letter & Evaluation for Mr. Henry Stiepel
P. 5
This plan has a $26.50 monthly premium and a $285 annual deductible. Your first month’s costs
will be high since your benefits don’t begin until you have satisfied the plan’s deductible. In the
following months, your costs will vary but will average less than $70 a month, including
premiums. You can enroll in this plan by calling (866) 477-5704.
The next lowest-cost plan -- the Clear Spring Health Premier Rx Plan -- is a less desirable choice
because it is a new plan in 2021 and does not yet have a quality-rating from Medicare.
Henry, there are a couple of things to keep in mind as you make the transition to Medicare. On
your initial visits to your doctors beginning April 1, show the office staff your new enrollment
cards. That will help to avoid any billing confusion. And show the enrollment card for your
stand-alone drug plan to your pharmacist (you should not need new prescriptions from your
doctors). Finally, you’re entitled to a free “Welcome to Medicare” physical (see page 11 of the
evaluation), but you may have to request it from your primary care doctor.
Sincerely,
David Armes, CFP®
Attachment: Medicare’s Part B and Part D premiums for higher income individuals
Appendices
WDA:121420b
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