MEDICARE FACTS

Subject: Fast Facts for Minnesota in 2011 for Medicare Health and Drug plans
2011 Medicare Health and Drug Plans in Minnesota
Fast Facts for Minnesota in 2011

• 33 Medicare Prescription Drug Plans (PDPs) available

• 89% of people with Medicare have prescription drug coverage (including 68% with Part D)

• 26% of people with Part D get Extra Help (also called the low-income subsidy, or LIS)

• 92% of people with Part D can pay a lower premium in 2011 than they did in 2010

• 83% of people with Medicare have access to a MA plan for a $0 premium

• 13 PDPs have $0 deductibles

• $14.80 is the lowest monthly premium for a PDP

• $36.30 is the lowest monthly premium for a PDP with any generic coverage in the Coverage Gap

• 10 PDPs have a premium of $0 for people who qualify for Extra Help

Plan costs and coverage change each year, so all people with Medicare should check to make sure their plan still meets their needs and budget. There may be a Medicare health or drug plan available with better coverage or a lower deductible in 2011.
Important Dates in 2011
October

• Watch your mail for notices from Medicare, Social Security, and health and drug plans with information about changes in 2011

• Compare plans online at www.medicare.gov starting October 15

November

• “Medicare & You” 2011 arrives in your mail

• Open Enrollment starts November 15

December

• Open Enrollment ends December 31

All people with Medicare should:

• Review the 2011 costs and coverage of their current plans

• Compare with other plans in their area

• Choose a plan that meets their needs and budget