PART D PRESCRIPTION PLANS

WHAT IS A MEDICARE PART D

PRESCRIPTION PLAN?

In short, the Part D Prescription Plan is a Medicare drug coverage program that helps to cover the cost of prescription medications. Once enrolled in a Medicare plan, you will automatically be offered the opportunity to enroll in a Part D plan. If you choose not to enroll when you are first eligible, and you don't have other prescription drug coverage, you will likely pay a late enrollment penalty if you join a plan later. Every plan varies in cost and specific coverage.

HOW DO I GET A PART D

PRESCRIPTION PLAN?

THERE ARE TWO WAYS TO GET A MEDICARE DRUG PLAN:

  • Stand-alone drug plan—These plans add drug coverage to Original Medicare, some Medicare Cost Plans, some Private Fee‑for‑Service Plans (PFFS), and Medical Savings Account Plans. You must have Medicare Part A and/or Medicare Part B to join.
     

  • Medicare Advantage Plan (Part C) or other Medicare health plan with drug coverage. You receive your Part A, Part B, and drug coverage through these plans.

 

You MUST have Part A and Part B to join a Medicare Advantage Plan; however, not all of these plans offer drug coverage.

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Medicare.gov

HOW DO YOU ENROLL?

Once you have selected a Medicare drug plan, there are several available ways to enroll:

  • Enroll on the plan's website.

  • Complete a paper enrollment form.

  • Call the plan at 800-633-4227.

Our office is happy to help you with the application process
at no cost to you.