What is Medicare Part D?
Simply put, Medicare Part D is your prescription drug coverage. This Part of Medicare helps pay for the prescriptions you will fill throughout the year.
Part D coverage is often already included in most Medicare Advantage plans. However, if you choose a Medicare Supplement (Medigap), we will need to add a prescription drug plan, as Supplement plans DO NOT already include this type of coverage.
Not all prescription drug plans are created equal. We will need to review your current prescriptions to determine which plan will cover your medications the best. As your prescription needs change from year to year, we can change your Part D plan coverage each year during Medicare open enrollment (Oct.15 – Dec. 7).
What if I don't take any medications?
While you may not take any medications currently and feel purchasing Medicare Part D coverage is not necessary, we must warn you. Prescription drug coverage is for both prescriptions you already have, and medications you may need in the future. If you fail to purchase prescription drug coverage during your initial enrollment period, you will be unable to add it until the next open enrollment period and may have to pay a fine when you do add it in the future.
READY TO GET STARTED?
We are here to help during this transition, if you feel overwhelmed at any point, pick up the phone and call us. We will work together to make sure you covered.
New CMS required disclosure – we do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.