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New partnership provides guidance to senior citizens in choosing Medicare Part D health plans
NASHVILLE, TN. November 6, 2008 — Medicare.com, the premier destination for information related to Medicare, today announced a new partnership with DestinationRX. Medicare.com, owned by MedX Publishing, Inc., and DestinationRX will provide the Medicare consumers easy access to a free web-based tool for comparing and enrolling in Part D drug plans. The comparison tool will help seniors or their caregivers make decisions about Medicare coverage during Open Enrollment from November 15th to December 31st, 2008.
Powered by DestinationRx, the user-friendly Plan Selectors on Medicare.com will ask for your zip code and what drugs you use. Once you enter the information, you will get a side-by-side comparison of local health plans. For each plan, the finder will list total annual cost, drugs covered, and details about "gap" coverage. It is an easy way for seniors to compare the cost and coverage of the plans.
"Seniors should take Open Enrollment seriously," said Bill Kimberlin, CEO of Medx Publishing, Inc. "Don't assume your current plan remains the best for you, as costs will go up in 2009. Plans will be increasing premiums out-of-pocket costs and making changes in the services and drugs they will cover. Sorting through the costs and coverage of all the plans out there can be overwhelming. The goal of the partnership between Medicare.com and DestinationRX is to provide seniors the best and easiest tools available to compare plan costs, covered services and drugs.”
A recent analysis of new government data for Medicare Prescription Drug Plans by Avalere Health, a Washington, D.C consulting company indicates that premiums are going up. Medicare Drug Coverage will rise 24% with the top 10 plans increasing as much as 30% in 2009. "The good news is that seniors have many plans from which to choose," said Michael Cho, CEO of DestinationRX. "Taking the time to use the tools on Medicare.com will save them time and money."
Once users have chosen a plan, they will also be able to enroll directly on Medicare.com. There will be no more making appointments with sales agents or putting up with follow-up calls for plans which seniors have decided not to use. Until Open Enrollment begins, sign up on Medicare.com to receive a reminder email of when enrollment starts. Do not wait until the last minute to make decisions. Starting early in the enrollment period gives time to carefully make comparisons and make changes before the choice takes effect on January 1, 2009.
Mr. Cho went on to say that he is looking forward to partnering with Medicare.com. "Medicare.com is a perfect match for DestinationRx’s easy-to-use enrollment tools”.
Visit Medicare.com’s Part D Enrollment Tool to find the perfect plan for 2009 coverage, and take advantage of the free reminder email tool for when the enrollment season begins.
About Medicare.com
Owned by Medx Publishing, Inc., Medicare.com is a leading publisher of Medicare information. It provides resources and tools for making informed decisions on basic Medicare coverage needs. Founded in 2004, Medicare.com is a non-government resource with the mission of being an asset to both the Medicare system and those who depend on it by providing coverage information simply and straightforward.
For more information, please visit www.Medicare.com
About DestinationRx
With offices in Los Angeles, San Francisco, Chicago and Baltimore, DestinationRx lets consumers, for the first time, get the information they need to find direct comparisons on price, safety and therapeutic efficacy of drugs as well as drug and health plans.
Since 1999, the company provides the healthcare industry with the educational, strategic, and transaction-support tools necessary for their customers and patients to navigate today’s complex healthcare marketplace and make better health care decisions and purchases. As the first company to bring price transparency to the pharmaceutical industry, DestinationRx provides a service that enables greater choices for consumers, while helping to control costs for employers and health insurance providers.
