Lee A. Malaby writes: Jim Connolly’s November 2007 feature (Income planning for health care a “modern problem”) is an interesting article on how on how CFPs give their clients assurance that the more they spend now on Medicare Supplement plans and Part D plans, the more they hedge their bets that their medications will be covered.

But as financial professionals, we should disclose, that by law, Medicare insurers are only required to give 60 days notice to a formulary change. It seems our assurances are at the mercy of insurance and political wills.

Lee A. Malaby
Owner and agent
Super Chief Strategies
Tucson, AZ.
lamalaby@aol.com