{"id":6729,"date":"2012-10-25T13:00:22","date_gmt":"2012-10-25T13:00:22","guid":{"rendered":"https:\/\/preferhome.com\/saving-money-on-medicare-part-d\/"},"modified":"2012-10-25T13:00:22","modified_gmt":"2012-10-25T13:00:22","slug":"saving-money-on-medicare-part-d","status":"publish","type":"post","link":"https:\/\/preferhome.com\/locations\/blog\/saving-money-on-medicare-part-d\/","title":{"rendered":"How Switching Medicare Plans Could Save You $368\u2014More or Less"},"content":{"rendered":"<p>Could you use an extra 400 bucks?<\/p>\n<p>That\u2019s almost how much people with Medicare Part D overspent on drug coverage in 2009, according to a new study.<\/p>\n<p>Perhaps it\u2019s not surprising when you consider what we talked about last week\u2014that switching plans is such a daunting prospect. But if saving money is important to you, switching might be worth the hassle. And now\u2019s the time. Medicare open enrollment goes through December 7.<\/p>\n<p><em>Capsules<\/em>, the Kaiser Health News blog, reports that the overspending averaged out to $368 per beneficiary.<\/p>\n<p style=\"padding-left: 30px\">The tendency of beneficiaries to \u201coverprotect themselves by purchasing plans with relatively generous features\u201d was also one of the main drivers of excess spending. The authors wrote that some seniors looked past their medication needs to choose plans with low deductibles, and ended up with higher premiums.<\/p>\n<p>The Medicare open enrollment article we linked to in last week\u2019s post has tips for researching plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Could you use an extra 400 bucks? That\u2019s almost how much people with Medicare Part D overspent on drug coverage <a href=\"https:\/\/preferhome.com\/locations\/blog\/saving-money-on-medicare-part-d\/\" class=\"h5 more-link\">Learn More<\/a><\/p>\n","protected":false},"author":6,"featured_media":1942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[960,961],"tags":[],"class_list":["post-6729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-medicare","category-ways-to-pay-for-home-care"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v21.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Switching Medicare Plans Could Save You $368\u2014More or Less - Preferred Care at Home<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Switching Medicare Plans Could Save You $368\u2014More or Less\" \/>\n<meta property=\"og:description\" content=\"Could you use an extra 400 bucks? 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