Seniors Saving Money on Prescription Drugs

Patricia Marantic is in the process of saving thousands through Medicare on the prescription drugs she uses daily.

"I don't know what I would do without it. I couldn't, survive without it," Marantic said.

Marantic has been on medicare for ten years. She has a couple different medical problems so she uses three different medications. Her blood thinner is the most expensive.

"It costs me $3,000, a month," Marantic said.

This is where Linda Walker comes in. Walker works with the Southwest Senior Center. One of her many responsibilities is to help seniors get the right Medical Part D plan.

Medicare Part D is the drug benefit part of Medicare. The plans are run by private companies that seniors sign up for each year. But seniors need to be aware that plans change. Finding the best plan is as simple as filling out a few personal questions.

"Once I got that in the medicare website It will compare the plan they are on now to other plans and it will tell me the bottom line, which is the annual cost for the consumer, " Walker said.

For Marantic, the savings is moving.

"For her if she stays on the plan she's on, she's got a $90 co-pay for that drug. If she uses the plan she had a year before then it's about a $1,300 co-pay. The plan she should go on she will have a $12 co-pay," Walker said.

 

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