Medicare Part D
Medicare’s Prescription Drug Plan (PDP) program – Part D – is optional.
However, if you do not enroll in a PDP when you become eligible, you may be charged a late enrollment penalty if you decide you want this coverage later.
Criteria for joining a Prescription Drug Program are:
Prescription Drug Plan coverage is also available to you as a stand-alone Part D plan, which can be added to your Original Medicare coverage.
Read more about Medicare Part D:
Medicare Part D FAQ’s
According to the Kaiser Family Foundation, prescription drugs are a part of the care plan for 59 million seniors and people with disabilities. What’s more, the drugs account for $1 of every $6 in Medicare spending.Private companies offer Part D plans in...read more
We suggest you select a PDP when you are eligible, even if you do not currently take any prescription medications.read more
Learn common Medicare Part D terms such as formulary, deductible and copay.read more
This term refers to the gap in coverage by prescription drug plans that occurs when the member and the plan have each contributed a set amount outlined in the plan for the medications that it covers. Some people will not experience the gap because the...read more
If you need to enroll in Part D for the first time, you can do so during your IEP, during Fall Open Enrollment), or if you qualify for a Special Enrollment Period.read more
If you have Extra Help, the federal program that helps pay for the out-of-pocket costs of Medicare prescription drug coverage, you have access to an SEP to enroll in a Part D plan or switch between plans.read more