What is Medicare Part D?
The Medicare Part D program provides beneficiaries with assistance paying for prescription drugs. The drug benefit, added to Medicare by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, (MMA),[1] began in January 2006. Unlike coverage in Medicare Parts A and B, Part D coverage is not provided within the traditional Medicare program. Instead, beneficiaries must affirmatively enroll in one of many hundreds of Part D plans offered by private companies. The Annual Enrollment Period for Part D runs from November 15 – December 31. During this period people with Medicare can enroll in a plan or change their enrollment from one plan to another. Individuals who are already in a plan should decide whether it will be right for them in the coming year; if they do not choose to switch they will remain in their current plan. All plans will have different costs and benefits from year to year, thus it is advisable for all beneficiaries to consider their options and make the
Part D is a prescription drug benefit plan that started in 2006 and is available to all Medicare beneficiaries. Under Part D, you have new Medicare drug coverage options and a wide range of new plan and benefit options. Your premiums, copays, and other out-of-pocket expenses will vary according to the plan you choose. Back Does WINhealth Partners provide Part D benefits? WINhealth Partners Medicare has plans that do offer Part D benefits. We are pleased and proud to be a provider of this very important benefit to Medicare eligible persons in Wyoming. Please click here to learn more about our Medicare plans that include Part D prescription drug coverage. Back If I have Medicare, do I have to sign up for Part D? All people with Medicare are eligible for Part D drug benefits. However, the only way to obtain Part D coverage is to enroll in a private plan that offers qualified Medicare Prescription Drug Coverage. You won’t receive Part D coverage unless you enroll in a plan. Enrollment in a
Medicare Part D, beginning January 1, 2006, as enacted in the Medicare Modernization Act of 2003, provides new Medicare prescription drug plans for people with Medicare. These plans will be provided by insurance companies and other private companies. They will replace Medicare-approved drug discount cards which phase out by May 15, 2006 or when your enrollment in a Medicare prescription drug plan takes effect, if earlier. You pay a monthly premium which is about $37 in 2006 and pay a share of your prescriptions. Costs will vary depending on the drug plan you choose. Some plans may offer more coverage and additional drugs for a higher monthly premium.
Part D is a prescription drug benefit plan that is available to all Medicare beneficiaries. Under Part D, you have Medicare drug coverage options and a wide range of new plan and benefit options. Your premiums, copays, and other out-of-pocket expenses will vary according to the plan you choose. Click to learn more About Part D coverage.
The Medicare Modernization Act (MMA) of 2003 added prescription drug benefits for Medicare beneficiaries and is known as Medicare Part D. Medicare Part D offers prescription drug coverage through Medicare. A Medicare Part D eligible individual is one who is entitled to or enrolled in Medicare benefits under Part A and/or Part B.
