Medicare Prescription Drug Discount Cards
What are Medicare prescription drug discount cards?
Medicare is contracting with private companies to offer drug discount cards to
Medicare recipients.
The discount cards are good until December 31, 2005, when Medicare’s new
prescription drug benefit starts on January 1, 2006.
You may have to pay up to $30 annually for a discount card.
The discount card offers 11%-18% saving on many prescription drugs.
You may also qualify for up to a $600 credit each calendar year (2004 and 2005)
to help pay for prescriptions if your income is less than $ 12,569 for single
individuals or less than $16,862 for married individuals.
Who can get a Medicare-approved drug discount card?
You can get a Medicare-approved drug discount card if
You have Medicare Part A and/or Part B, and
You don’t have outpatient prescription drug benefits through Medicaid
How do I choose a Medicare-approved drug discount card?
There are more than 70 discount cards available.
You can only choose one.
The cards differ in the drugs covered, price, annual enrollment fee, and choice of
pharmacies in your area. Please note that a company can change its discount drug
list and the discounted prices anytime.
The best resource for choosing a card is to go online at www.Medicare.gov.
If the internet is unavailable, call 1-800-MEDICARE (800-633-4227).
You will need to provide some basic information such as Zip code, monthly income, and
drugs currently taking including name, strength and directions when you go online or
call.
Medicare Prescription Drug Cards Information sheet
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