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How Will The New Medicare Prescription Drug Coverage Affect Me?

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How Will The New Medicare Prescription Drug Coverage Affect Me?

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The Medicare Prescription Drug, Improvement and Modernization Act of 2003 created a new Medicare Part D benefit that will provide prescription drug coverage to Medicare beneficiaries. Starting January 1, 2006, new Medicare prescription drug coverage will be available to everyone with Medicare. This drug coverage may help lower out-of-pocket prescription drug costs and help protect you from higher costs in the future. Please be aware that no one can enroll you in a plan before November 15, 2005. Any marketing materials that you receive should contain the Medicare-approved seal. Be especially aware of solicitations that look like they are affiliated with the government but are not. What if I already have prescription drug coverage? If you already have prescription drug coverage, you should talk to your plan manager, benefits administrator, or insurer before making any changes. You should receive a notice about any changes in your current coverage so you can decide if you should join a Me

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