Title: Why is Medicare Part D better for postal retiree than PSHB Part D Employer Group Waiver Plan (EGWP)?
Article Snip: "...For many retirees, Medicare Part D can be considered better than a PSHB Part D EGWP because it often offers more flexibility in plan selection, wider drug coverage options, and may have lower out-of-pocket costs due to broader access to the Medicare Part D marketplace, while the EGWP might be more limited in its drug formulary and could potentially cost more for certain medications depending on individual needs; additionally, opting out of the EGWP may result in losing prescription drug coverage altogether while still paying the same premium. ...
However, it's important to compare plans carefully before making a decision:
Review your medication needs:
Analyze which medications you take regularly and compare their coverage and costs under both the PSHB EGWP and available Medicare Part D plans."
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