Information, Advice, and Resources for the Aging Community
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Prescription Advantage…Act Quickly!

Prescription Advantage, the state’s prescription drug insurance program, will only have open enrollment for several more days—until August 30. Elders are encouraged to immediately review their insurance needs and, if appropriate, apply for the program.

Prescription Advantage members may pay a deductible and then modest co-payments for prescriptions. Once the deductible and co-payments reach a predefined level, a member doesn't pay any additional co-payments for the rest of year.

In related news, BlueCross BlueShield of Massachusetts has recently indicated its intentions to raise rates for its Medigap insurance plans, which include Medex Gold, Medex Bronze, and Medex Core. Only Medex Gold covers all prescriptions and the proposed increases will affect this plan the most.

“With the limited enrollment time for Prescription Advantage and the proposed increases in Medigap coverage, elders are urged to carefully look at their prescription needs immediately,” said MVES Executive Director Daniel J. O’Leary. “If Prescription Advantage meets these needs, elders should send in their applications today.”

Elders and other eligible parties are encouraged to contact MVES, local councils on aging, or download an application directly from www.800ageinfo.com. Applications must be received by September 2, 2003.


 

 
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