Medicare Advantage Analysis

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Medicare Part D is a federal program that reduces the cost of prescription drugs for Medicare recipients. To become eligible for Part D coverage you must be entitled to Medicare Part A and B. Beneficiaries can receive coverage by selecting from a pair of private plans: Prescription Drug Plan (PDP) for drug coverage only or they can choose Medicare Advantage (MA), which is a plan that covers both medical services and prescription drugs.

The changes that will affect Medicare will not change these core services. One of the most important changes is to give senior citizens more money to cover their prescription drugs. A $250 rebate was given to seniors in 2010, which is a substantial amount. Seniors will now be able to get 50% off of name-brand

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