CVS Provides Online Medicare Plan Comparison Tool

Nov 27, 2006 2:11 PM

WOONSOCKET, R.I. - CVS/pharmacy has launched an online Medicare Plan Comparison Tool designed to help millions of eligible seniors find the Medicare Part D plan that best suits their needs, CVS said last week. During the six week open-enrollment period that ends Dec. 31, seniors will be offered different options with the Medicare Part D plans, some offering better value, a larger number of covered medications, and solutions that decrease the impact of the doughnut hole or gap in coverage, CVS said. "Medicare Part D can greatly benefit seniors who are able to make an informed choice. Since Medicare Part D was introduced, we have seen seniors achieve cost savings on their drug therapies," said Matt Leonard, senior vice president of pharmacy, CVS/pharmacy. "With even more plan choices and changes in existing plan coverage and costs for 2007, CVS/pharmacy is in an ideal position to take a proactive role in educating seniors to make the best choices for their health." Accessible through www.cvs.com and in CVS/pharmacy stores, the CVS/pharmacy Medicare Plan Comparison Tool helps seniors find the Medicare prescription drug plan that best suits their individual needs. Current medications and preferences regarding deductibles and plan limitations are used to determine which plans are identified, the company said.