Page 6 - Cover Letter and Mediicae Evaluation for Mr. Bruno V. Manno

strengths. I chose Medicare’s default dosages, which may be different than the ones you use,
although any cost difference is likely to be small.

On your questionnaire you didn’t indicate which local pharmacy you use, and so I chose three
commonly used national pharmacy chains – CVS, Walgreens, and Walmart pharmacies – to see
which have the lowest prices in each plan.

You can also see a more detailed comparison of the two lowest-cost stand-alone plans on page
4 of your evaluation. If you prefer to get monthly refills at a local pharmacy, the lowest-cost
stand-alone plan for next year is the Clear Spring Health Premier Rx Plan. Its estimated annual
costs for your drugs next year is $320, including premiums and co-payments. Those costs are
the same at all three pharmacies, although only CVS and Walmart are preferred pharmacies in
this plan. To enroll in this plan, call (877) 317-6082 and let them know you want your coverage
to begin on January 1. This plan’s benefit summary is in Appendix D2.

If you prefer to get mail-order refills, the lowest cost plan is the Elixir RxPlus Plan. Its estimated
mail-order costs for next year are $253, again including premiums and co-payments. To enroll
in this plan, call (888) 377-1439. This plan’s benefit summary is in Appendix D3.

Whichever plan you enroll in, you will be asked to provide documentation that your current
plan has creditable drug coverage, which it does. Also, see if you can get your current
prescriptions transferred to your new plan at year’s end. If that can’t be done, you’ll need to
ask your doctors for new prescriptions.

Finally. there are a couple of things to keep in mind as you make the transition to your new
supplemental coverage. On your initial visits to your doctors after January 1, show the office
staff your Medigap enrollment card. That will help to avoid any billing confusion. And show
your stand-alone drug plan enrollment card to your pharmacist.

Sincerely,

David Armes, CFP®

Attachment: Medicare’s guaranteed issue right for people who involuntarily lose their
employer-sponsored supplemental coverage

WDA:102220

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