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Medicare Drug Program News

New Online Tool Claims One-Click Comparison of Medicare Drug Plans

Broker sponsored site says tool compares plan quality ratings, popularity, features

 

Medicare Drug Program

 
 

Open enrollment Nov. 15 - Dec. 31 allows seniors to change drug plans

• Senior Citizens Not Reviewing Medicare Drug Plans May Get Shock in 2008

 

Dec. 10, 2007 - There is a new tool online at Medicare-PartD.com, which offers a “unique one-click comparison” of the 2008 Part D prescription drug plans. The site sponsored by National Insurance Markets, an insurance broker, calls the new tool “PDP-Compare.”

PDP-Compare incorporates CMS plan quality ratings, enrollment data, and Part D plan features into one view, according to a company news release. PDP-Compare also allows users to easily compare various features of 2007 Part D plans directly with 2008 plans.

 

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PDP-Compare was designed especially for Medicare beneficiaries and Medicare support groups who are seeking the broadest overview of Part D plans in their enrollment area, according to the news release.

The new Part D plan comparison tool also helps people quickly see how their current 2007 Part D prescription drug plan changes in 2008. PDP-Compare is available at no cost and can be found at: Medicare-PartD.com/PDP-Compare.php.

This tool incorporates the Part D plan quality ratings developed from survey information gathered by the Centers for Medicare and Medicaid Services (CMS). The plan rating is based on a system whereby prescription drug plans are awarded up to five stars for particular categories of quality, such as customer service and ease of filling a prescription.

The regional Part D enrollment information used in PDP-Compare underscores the popularity of individual Part D plans and is presented by Part D region, average per region, and total plan enrollment for all Part D regions.

"We enhanced our Part D comparison tool to create PDP-Compare which provides users with a comprehensive view of Part D plans," notes Dr. Susan Johnson, who is responsible for the technical development of Medicare-PartD.com.

"PDP-Compare is the only place where users can find Plan IDs, cost sharing information, CMS plan quality ratings, past enrollment figures, doughnut hole coverage, and whether the plan qualifies for the state's $0 premium low-income subsidy -- all in one view."

"We have also added a sorting function in PDP-Compare so that users can quickly see the most popular Part D plans sorted by 2007 enrollments, the best or worst overall CMS rated plans, or just the lowest monthly premiums," adds Dr. Johnson.

PDP-Compare was also designed to help Low-Income Subsidy (LIS) recipients who need to quickly see if their current Part D plan will continue to be covered by the state's monthly premium subsidy in 2008.

For example, LIS recipients in Texas can see that three Part D plans offering the Low-Income Subsidy in 2007 do not qualify as $0 premium LIS plans in 2008 - and six new Texas Part D plans now qualify as 2008 $0 premium LIS plans.

"PDP-Compare is a great compliment to our other tools such as our PDP-Finder and PDP-Planner," notes Dr. Johnson.

"We created this tool based on suggestions from our online community and we welcome further suggestions for new Medicare tools."

About Medicare-PartD.com:
Medicare-PartD.com is the nation's largest private internet resource for Medicare Part D prescription drug information. The Medicare-PartD.com website is jointly operated by National Insurance Markets, Inc. (Pittsburgh, PA) and Q1Group, LLC (Saint Augustine, FL). National Insurance Markets, Inc. provides specialty insurance brokerage services to agents in all 50 states. Q1Group, LLC specializes in the design, development and operation of complex, content intensive online systems.

 

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