The Medicare Part D, also known as the Medicare Prescription Drug Coverage, was designed to cover the existing gap (the donut hole), between individual’s prescription drug needs and Original Medicare (Original Medicare is characterized in parts A and B). The Original Medicare Plans includes basic drug coverage but unfortunately, many medicare beneficiaries require specific prescription drug needs that do not fall under the qualifications of parts A and B coverage. Medicare Part D is additional coverage associated with parts A and B so you are required to be enrolled in Original Medicare in order to qualify for enrollment. Medicare Part D can not under state law count as essential coverage. Only part A, which is hospital insurance and part
…show more content…
It is best to purchase a Medicare Advantage policy and or Part D drug coverage during the initial medicare enrollment period. There are two open enrollment periods launched every year that allows beneficiaries to make adjustments to their Medicare Advantage and Part D Plans. Medicare Part D is a fixed monthly rate. The concept is to allow your insurance provider to take on a bigger portion of the beneficiaries covered drug cost.
In recent news, the Medicare Part D Coverage is suspect to acquire a few changes this year. According to an article written by staff writer Emily Brandon of U.S and World Report News, “ Most Medicare Part D beneficiaries will pay higher premiums next year if they stick with their current prescription drug plan, according to a Kaiser Family Foundation and Georgetown University analysis of the Medicare Part D plans that will be offered in 2016”. The number of available options varies based upon regions and a total of 886 plans are offered …show more content…
Johnson now that you are informed about what the Medicare Part D Plan is, how about we find a plan that fits you. I am going to talk you through the process of getting qualified and enrolled in the coverage. Ok, I need you to type in www.medicare.gov inside the serach engine box right at the top of the screen. Now at the top of the webpage click on the green icon box that says: “Find health and drug plans”. You will be directed to another web page. Enter your zip code in the search box that is labeled “General Search”. Now we are looking for drug plans available in the 78572 zip code area. I remember you stating that you have Original Medicare so go ahead and click Original Medicare for the question “How do you get your medicare coverage?” Now since you 're not sure if Medicare or your state helps you pay for your Medicare prescription drug costs, go ahead and click “I don’t get any Extra Help” for that
It is best to purchase a Medicare Advantage policy and or Part D drug coverage during the initial medicare enrollment period. There are two open enrollment periods launched every year that allows beneficiaries to make adjustments to their Medicare Advantage and Part D Plans. Medicare Part D is a fixed monthly rate. The concept is to allow your insurance provider to take on a bigger portion of the beneficiaries covered drug cost.
In recent news, the Medicare Part D Coverage is suspect to acquire a few changes this year. According to an article written by staff writer Emily Brandon of U.S and World Report News, “ Most Medicare Part D beneficiaries will pay higher premiums next year if they stick with their current prescription drug plan, according to a Kaiser Family Foundation and Georgetown University analysis of the Medicare Part D plans that will be offered in 2016”. The number of available options varies based upon regions and a total of 886 plans are offered …show more content…
Johnson now that you are informed about what the Medicare Part D Plan is, how about we find a plan that fits you. I am going to talk you through the process of getting qualified and enrolled in the coverage. Ok, I need you to type in www.medicare.gov inside the serach engine box right at the top of the screen. Now at the top of the webpage click on the green icon box that says: “Find health and drug plans”. You will be directed to another web page. Enter your zip code in the search box that is labeled “General Search”. Now we are looking for drug plans available in the 78572 zip code area. I remember you stating that you have Original Medicare so go ahead and click Original Medicare for the question “How do you get your medicare coverage?” Now since you 're not sure if Medicare or your state helps you pay for your Medicare prescription drug costs, go ahead and click “I don’t get any Extra Help” for that