A new article in U.S.News & World Report says that the Centers for Medicare and Medicaid Services mailed $250 rebate checks totaling nearly $1 billion to almost 3.8 million Medicare recipients with high prescription drug costs in 2010. Medicare Part D recipients who spent more than $2,830 out-of-pocket were automatically mailed the one-time payments provided to seniors by recent legislation.
Medicare participants in California, Florida, New York, Pennsylvania, and Texas were the most likely to receive checks. Retirees will get an even bigger break on their routine medical costs this year. The article offers a look at some of the new benefits Medicare recipients are already beginning to take advantage of.
The four new benefits are:
- Half price brand name drugs.
- Generic medication discount.
- Free wellness visit.
- Free preventative care.
See the complete article at: 4 New Benefits for Medicare Recipients