Medicare Part D

Prescription Drug Coverage

with Medicare Part D

Medicare Part D is prescription drug coverage offered by private insurers for Medicare beneficiaries. You qualify for this coverage when you become eligible for Medicare Part A. To avoid a late penalty, we encourage you to sign up as soon as you become eligible to enroll in Medicare unless you already have qualifying prescription drug coverage from group insurance or Veterans benefits. You have 60 days to enroll in the program in the event that you lose previous qualifying coverage.

Each fall, you have an opportunity to re-evaluate your plan and choose a new one. It’s important to review your coverage prior to Medicare open enrollment each fall. As your prescriptions change, you may need to choose a different plan to ensure coverage of new prescriptions. Plans sometimes change from year to year. In order to maintain the best coverage at the lowest cost use the open enrollment time to consider all your options each year.

Is there a premium?
Yes. The exact cost of your premium is based on the plan you choose, but most premiums typically run between $20-$30 a month.

What are my Part D coverage options?
There are two ways to get prescription drug coverage.
Add a Part D supplement plan to your existing Original Medicare plan.
Choose the Medicare alternative, Medicare Advantage, and get Part A, Part B, and Part D included all in one plan.