New program for seniors

Thursday, June 9, 2005

Beginning January 1, 2006, new Medicare prescription drug plans will be available to recipients who receive Medicare benefits. These plans are different from the Medicare-approved drug discount cards in use now that will phase-out by May 15, 2006. The new Medicare prescription drug plans provide insurance coverage for necessary drugs and will have a monthly premium. The estimated premium will be approximately $37.00 in 2006.

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