LOFASO Enterprises

Medicare season is approaching. Those with a Medicare Advantage or standalone Prescription Plan will be receiving from their carrier an important document (Annual Notice of Change) to review for changes in the coming.

Don’t Toss This Mail: Understanding Medicare’s Annual Notice of Changes A simple piece of mail arriving this fall could have a major impact on your health care and your wallet. Medicare beneficiaries across Hawai‘i will soon rece...

Prescription Drugs remain a very costly aspect of healthcare. Even though one may have Rx coverage through an employer or program such as Medicare, this may not result in the most economical cost for your particular prescription. Each insurance carrier healthcare policy is tied to a formualary which is a list of specific medications and prices for those medications. If you take expensive medications please check out alternatives such as a Rx dicount card (typically available in many medical offices) or GoodRx website. An invidiual whose insurance coverage for a particular medication may be in excess of $300 a month but a 3-month supply could be obtained via GoodRx for that same price. There are discount cards that may offer similar cost reductions. One may not have a choice in the health coverage plan from an employer or government agency but there may be alternatives to lower your Rx costs.