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Medicare Prescription Drug Coverage Information
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The new Medicare prescription drug coverage began on
January 1, 2006, but you can enroll until the spring of 2006. Everyone with Medicare can get this coverage that in most cases will lower your prescription drug costs and help protect against higher costs in the future. Medicare Prescription Drug Coverage is insurance. You choose the drug plan and pay a monthly premium. |
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If you have limited income and resources, you may get
extra help to cover prescription drugs for little or no cost. The amount of the monthly premium is not affected by your health status or how many prescriptions you need. You will also pay a share of the cost of your prescriptions. |
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The decision to get Medicare prescription drug
coverage depends on how you pay for your drugs now and how you get your Medicare coverage. |
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Original Medicare only, or Original Medicare and
a Medigap ('Supplement') Policy without drug coverage. The new Medicare drug coverage will cover half of the costs for you if you have this kind of coverage now. Enhanced options are available that provide more coverage.
Original Medicare and a Medigap ('Supplement')
Policy with drug coverage. The new Medicare drug coverage will generally provide much more comprehensive coverage at a lower cost.
Retiree or Union coverage:
In most cases, people with good retiree or union
coverage can continue to get it, with new financial support from Medicare.
Medicare Advantage Plan (like an HMO or PPO)
or other Medicare Health Plan, which already include drug coverage and other extra benefits.
Dual coverage from Medicare with Medicaid drug
coverage. These people will automatically get comprehensive prescription drug coverage from Medicare, starting on January 1, 2006. |
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**The information, pictures, and other content in this website about particular insurance services
is only provided for informational purposes. Any decisions regarding your insurance needs should be discussed with a licensed insurance agent. |
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Click on the link below to request more information about the new Medicare Prescription
Drug Coverage for Wisconsin residents or speak with our Personal Insurance agent specialist at (920) 982-3048 to discuss the features and assist you with enrollment. |
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How Much Will the Plans Cost?
When you get Medicare prescription drug coverage, you pay part of the costs, and
Medicare pays part of the costs. You pay a premium each month to join the drug plan (generally around $37 in 2006 for standard coverage). If you have Medicare Part B, you also pay your monthly Part B premium. If you belong to a Medicare Advantage Plan or a Medicare Cost Plan, the monthly premium you pay to the plan may increase if you add prescription drug coverage. |
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Your costs will vary depending on which plan you choose. Your plan must, at a
minimum, provide you with a standard level of coverage. Some plans offer more coverage or lower premiums. |
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Personal Insurance
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Answer a few questions and
we will provide you with a quote by email or phone. Choose the Wisconsin insurance coverage you're interested in from the menu above. |
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Radtke-Rhone
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Insurance Agency, Inc.
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Home - Auto - Health - Business
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Radtke-Rhone
Insurance Agency, Inc.
P.O. Box 210
315 River Place
New London, WI 54961
Waupaca County, Wisconsin
(920) 982-3048
Toll Free: (800) 371-3048
Fax: (920) 982-2584
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Toll Free
(800) 371-3048
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Life & Health Insurance
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Radtke-Rhone Insurance Agency, Inc.
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