PRESCRIPTION DRUG INSURANCE
Prescription drug insurance is essential as many prescription drugs are expensive and can cost thousands of dollars per month.
Steve Turner
Insurance Agent & Broker
Do I Need Prescription Drug Insurance?
Prescription Drug Insurance
Yes, prescription drug insurance can be important because many prescription drugs are expensive and can cost thousands of dollars per month. Prescription drug insurance can help lower pharmacy costs and make it easier to get medications.
It’s important to evaluate your healthcare needs and preferences when considering a Medicare Advantage plan, Medicare Supplement plan or Prescription Drug plan.
Here’s how I can help. Before you enroll in a prescription drug plan, I’ll do a complimentary needs analysis and carefully review the plan’s benefits and costs with you. There’s no obligation to buy anything. After our consultation, if you decide to choose me as your Agent, you won’t have to call an (800) number anymore. If you have questions, concerns, or issues about your Prescription Drug plan throughout the year, you can contact me directly.
How I Can Help You
Prescription Drug Insurance
KEY DETAILS
Enrollment:
To receive coverage for prescription drugs, you must enroll in Medicare Part D. You can do this during your initial enrollment period or during the annual open enrollment period, which typically runs from October 15th to December 7th each year.
Plan Types:
There are two main types of Medicare Part D plans: standalone prescription drug plans (PDPs) and Medicare Advantage Prescription Drug (MA-PD) plans.
PDPs work with Original Medicare, while MA-PD plans to combine prescription drug coverage with other health benefits private insurance companies offer.
Cost:
Medicare Part D plan costs can vary depending on the plan you choose, your income, and the medications you take.
Most plans have a monthly premium, an annual deductible, copayments or coinsurance, and a coverage gap known as the “donut hole.”
Formulary:
Each Part D plan has a formulary and a list of prescription drugs that the plan covers. Formularies can vary between plans, so choosing a plan that covers the medications you need is important.
Coverage Gap:
If your total drug costs reach a certain threshold each year, you may enter the coverage gap (or “donut hole”), where you will be responsible for a larger portion of the cost of your medications.
In 2023, the coverage gap begins after you and your plan have spent $4,660 on covered drugs.
In 2025, the coverage gap goes away.
Catastrophic Coverage:
Once you reach a certain out-of-pocket threshold, you will enter what is known as catastrophic coverage.
At this point, your plan will pay for most of your remaining drug costs for the rest of the year.
Extra Help:
If you have limited income and resources, you may be eligible for extra help to pay for your Medicare Part D premiums, deductibles, and copayments.
ADVANTAGES
DISADVANTAGES
Prescription Drug INSURANCE AGENT AND BROKER NEAR ME
Prescription Drug Insurance
As your Prescription Drug Insurance Agent and Broker, my goal is to “help you” and ensure, without a shadow of a doubt, that you and your family are secure and protected from risk. As a licensed Prescription Drug Insurance agent, I take the burden off your shoulders by custom-tailoring Prescription Drug Insurance packages to fit your needs.
I can help you save on severe medical emergencies and find a Prescription Drug insurance plan that offers low- to no-cost doctor visits and prescription medication. I will show you plans where your doctors are in-network and a side-by-side comparison of your prescription costs with the different plans.
Prescription Drug insurance is constantly changing, and I work tirelessly to stay informed about the latest developments in the market.
I am a long-standing National Association of Benefits and Insurance Professionals® (NABIP.ORG) member and hold the prestigious Registered Employee Benefits Consultant® designation (https://nabip.org/professional-development/rebc-designation). I can provide information on your market’s availability and any expected changes.
After you choose your Prescription Drug Insurance plan, I provide ongoing support all year; you won’t have to call an (800) number any longer.
If you have any questions, issues, or concerns about your plan’s benefits, you can contact me via phone, text, or my simple-to-use email contact form using the buttons below.
Steve Turner, Your Helpful Licensed Agent and Broker
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CONTACT STEVE TURNER INSURANCE AGENT & BROKER
I’m here to take your calls and emails and answer your questions 7 Days a week from 7:00 a.m. to 8:00 p.m., excluding posted holidays.
Steve Turner is a licensed agent, broker, and a longstanding member of the National Association of Benefits and Insurance Professionals®. Steve holds the prestigious designation of Registered Employee Benefits Consultant®. NABIP® is the preeminent organization for health insurance and employee benefits professionals and works diligently to ensure all Americans have access to high-quality, affordable Healthcare, and related services.
Steve Turner is a licensed agent appointed by Florida Blue.
EMAIL ME: 24×7
OFFICE LOCATION
STEVE TURNER INSURANCE SPECIALIST
STEVE TURNER REBC®
14502 N DALE MABRY HWY
SUITE 200
TAMPA, FL 33618
Website: steveturnerinsurancespecialist.com
Email: [email protected]
Phone and Text: +1.813.388.8373
Business Hours:
Monday: 7 am to 8 pm
Tuesday: 7 am to 8 pm
Wednesday: 7 am to 8 pm
Thursday: 7 am to 8 pm
Friday: 7 am to 8 pm
Saturday: 7 am to 8 pm
Sunday: 7 am to 8 pm