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Pastimes : Drug Expenses

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To: Augustus Gloop who wrote (7)2/26/2003 3:34:33 PM
From: SmoothSail  Read Replies (1) of 93
 
I can only speak from experience but the cost of drug insurance for my folks was way too high and didn't cover enough. I did an analysis at the time that I was looking after my folks and decided not to get the insurance and just payed the $500 a month.

I pay my own insurance - don't qualify for medicare yet - and have also opted out of the drug insurance because of the cost. Therefore, I pay the full boat if I ever need any drugs - which fortunately (knock on wood) I don't have a need for.

I have a friend who was recently "retired" from a large corporation and went to get a script filled only to find out that the Cobra she had didn't cover drugs - she was stunned when they asked for $150 for a month's supply. She had a $10 co-pay on drugs while she was working.

To say that it's a rather large burden is an understatement - and I think that's true for most people without corporate insurance and seniors who only have Medicare and no drug coverage.
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