Medicare Handbook Has Error on Premiums
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The government’s official handbook for explaining Medicare to beneficiaries contains an error pertaining to the new prescription drug benefit that kicks in Jan. 1.
Gary Karr, a spokesman for the Centers for Medicare and Medicaid Services, said the agency erred when listing the prescription drug plans available with no monthly premium for low-income beneficiaries.
The booklets listed all of the plans available for those with limited assets and income as having no monthly premium. But only about 40% of the plans actually qualify for no premium. Karr said the agency would work with groups who deal with the elderly to help them get the correct information.
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