INDEPENDENT WEBSITE HELPS SENIORS EVALUATE MEDICARE DRUG PLANS
MedicareDrugPlans.com Launched: National Forum for Plan Ratings, Reviews, Questions and Answers
WESTCHESTER COUNTY, NY - NOVEMBER 11, 2005 - To help seniors make difficult decisions about the new Medicare prescription drug plans, a free website, www.MedicareDrugPlans.com was launched today by PharmacyChecker.com – a popular website that has been helping seniors evaluate discount and Canadian pharmacies for the past three years. MedicareDrugPlans.com provides information on all Medicare-approved drug plans and uniquely provides consumer ratings and reviews of the plans as well as forums for discussion.
'Whether or not to join a Medicare drug plan, which to join, and when to join are tremendously difficult decisions,” according to Dr. Tod Cooperman, MD, president of PharmacyChecker.com. “The vast majority of seniors will not reach the 95% coverage level, so savings will be modest. A wait-and-see approach makes sense for most people until May when penalties begin. MedicareDrugPlans.com allows seniors to share experiences, questions, and answers to help them make the right decision. And since plans can be switched each year, people will want to use this resource again and again to see how satisfied people are with other plans.'
Using MedicareDrugPlans.com quickly shows all plans any state and compares the deductible, monthly premium, gap coverage, and percent of top 100 drugs covered. Plans are then rated by consumers’ satisfaction with the choice of drugs, cost, ease-of-use, information provided by the plan, customer service, as well as overall satisfaction. Visitors can write full reviews to help others understand nuances of each plan.
Recent research by PharmacyChecker.com shows that drug costs would have to exceed $8,000 for an individual to clearly save more with the standard Medicare drug plan than with low priced, online pharmacies (see analysis at http://www.pharmacychecker.com/news/news_092905.asp). However, few plans are “standard” and may offer greater savings.
MedicareDrugPlans.com and its parent, PharmacyChecker.com, have no ownership in or from companies that sell or distribute pharmacy products, insurance or pharmacy benefits. PharmacyChecker.com is based in Westchester, New York. For further information contact Tod Cooperman, MD at firstname.lastname@example.org or Gabriel Levitt, Vice President at email@example.com.