Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

A trillion here, a trillion there

"...And pretty soon, you're talking about real money." https://www.cnbc.com/2019/08/13/a-1-trillion-us-budget-deficit-could-lead-the-fed-to-cut-rates.html

Numbers without context are just numbers. In the context of a workingman's world, or a typical retiree's world, this is nuts and utterly irresponsible--- especially given the destination for the lion's share of the money: the pockets of CEOs and tax cuts for the already-wealthy, not to mention the monstrously obese Pentagon. Single Payer? Sure, the government will screw it up. But it couldn't be any worse than the non-system we use now. (I'm new on Medicare. My drug costs are INSANE. )

Comments

  • edited August 13
    You may have missed or forgotten this.
    The below "GoodRx" really does reduce by a large amount, many Rx prices.
    Scroll to the top, as this MFO link didn't save to the top of the thread.

    GoodRx
  • Senior drug coverage unlike the rest of Medicare is provided exclusively by private companies, not by the government. The theory is that they will compete for your business.

    However, they rely for the most part on just three PBMs (70%+ of market share): Caremark, ExpressScripts, and Optum. I don't believe that these negotiate for the lowest prices. Does anyone think that Caremark would select Rite-Aid as its preferred pharmacy if it offered lower prices than CVS (which owns Caremark)? Or that UnitedHealthcare would use ExpressScripts if it offered a better deal than Optum (which UNH owns)?

    GoodRx is a good start. There are other drug discount cards as well. I find WellRx better on some drugs (and worse on others, of course).

    Sometimes one can do even better without coupons. Costco is a particularly good place to check. Their warehouse prices may be significantly lower than their mail order price.
  • Ah, but my drug plan (WellCare, Massachusetts) has me going to CVS to allegedly get the best price on prescriptions. I got slammed hard, the first time, because I had to meet their deductible. Anyone know anything about stand-alone drug plans on Oahu? Zip code 96744, Kaneohe. Thanks. All those drug plans are State-specific.
  • I've got one! I carry the Good Rx around in my wallet now. Thanks, @Catch22. Just picked it up on what is hopefully my last visit to my local doctor HERE, unless I get sick.
  • edited August 13
    .....Just checked Good Rx. My ridiculously pricey inhalers are even a bit more costly, with Good Rx. I suppose that I ought to remain aware that I get SOME of my meds with a ZERO co-pay, now, on WellCare Part D/Medicare. In that sense, it doesn't hurt so bad. Still, the prices are what would otherwise be termed "extortion."
  • @Crash: Check out Express Scripts.
    Regards,
    Ted
  • edited August 13
    Ted said:

    @Crash: Check out Express Scripts.
    Regards,
    Ted

    Thanks, @Ted. I'm here for just 2 more months, then I'm moving out-of-State, and the Part D drug plans are all State-specific. I hope to get the same kind of help in my new town as I got from the local Senior Center here, after the move. At least I won't have to worry about WINTER anymore! :)

  • You can find Part D standalone plans on Medicare.gov:
    https://www.medicare.gov/find-a-plan/questions/home.aspx

    There are 24 plans for the zip code you gave, including three Express Scripts plans: Choice ($79/mo premium), Saver ($23.90/mo), and Value ($31.50/mo). Each of course with different copays and deductibles. The cheapest plan with $0 deductible is SilverScript Choice ($24.50/mo), though with higher copays. Obviously you want to pick a plan that reduces your overall cost, whether that means higher premiums and lower copays, or higher deductibles but lower premiums, or whatever works best.
  • edited August 14
    msf said:

    You can find Part D standalone plans on Medicare.gov:
    https://www.medicare.gov/find-a-plan/questions/home.aspx

    There are 24 plans for the zip code you gave, including three Express Scripts plans: Choice ($79/mo premium), Saver ($23.90/mo), and Value ($31.50/mo). Each of course with different copays and deductibles. The cheapest plan with $0 deductible is SilverScript Choice ($24.50/mo), though with higher copays. Obviously you want to pick a plan that reduces your overall cost, whether that means higher premiums and lower copays, or higher deductibles but lower premiums, or whatever works best.

    @msf Much appreciated.:) I think I've got one picked. Honestly, they ALL suck. Costs are absurd, though the monthly premium on the one I think I'll go with is under $14.00. We can all take comfort together, though, knowing that we are ALL taking it in the shorts, in the good ol' USA--- eh?
Sign In or Register to comment.