Have been part of the available drug plans since acquiring Medicare, however, am questioning them and ready to drop them completely.
Medicare allows the various go-between companies to charge a penalty if you choose to not be part of their programs. Sort of like a restaurant charging you extra because you went someplace else last week.
My situation, without discussing specific drugs, is that by joining the least expensive plan will cost me over $2,600 per year using the Medicare estimator.
Doing some research I find I can buy the same medications, 3 of which are generic and 1 a branded drug, for just about $1,000 per year. This is using a Canadian pharmacy and another overseas company. I have used the non-Canadian pharmacy in the past and their products have always been exactly as advertised.
My initial reaction is to NOT play the Medicare game, but as a back-up put into a special account a portion of the money I save in case at some point in the future I am forced back into a Medicare program.
Has anyone else done this? what are things that can go wrong, that I may not have considered? Any help anyone may have is appreciated.
Basically, have always been a bit of a contrary sort. I am insulted, angry plus several other adjectives because of those who wrote the rules saying I MUST support and ensure the drug companies make huge profits at our expense.
