What is Medicare Prescription Drug Coverage?
Medicare prescription drug coverage is insurance provided by private companies that have been approved by Medicare. Medicare prescription drug coverage is available to everyone with Medicare. This drug coverage may help lower prescription drug costs and help protect against higher cost in the future.
When can I get Medicare prescription drug coverage? Your next opportunity for open enrollment is from Nov. 15, 2006 to Dec. 31, 2006. How does Medicare prescription drug coverage work? Your decision about Medicare prescription drug coverage depends on the kind of health care coverage you have now. There are two ways to get Medicare prescription drug coverage. You can join a Medicare prescription drug plan or you can join a Medicare Advantage Plan or other Medicare Health Plans that offer drug coverage. Whatever plan you choose, Medicare drug coverage will help you by covering brand-name and generic drugs at pharmacies that are convenient for you. Like other insurance, if you join, you will pay a monthly premium, which varies by plan, and a yearly deductible (no more than $250 in 2006). You will also pay a part of the cost of your prescriptions, including a copayment or coinsurance. Costs will vary depending on which drug plan you choose. Some plans may offer more coverage and additiona
Medicare prescription drug coverage is insurance provided by private companies that have been approved by Medicare. Medicare prescription drug coverage is available to everyone with Medicare. This drug coverage may help lower prescription drug costs and help protect against higher costs in the future.
Medicare prescriptions drug coverage is insurance provided by private companies that have been approved by Medicare. Starting January 1, 2006, new Medicare prescription drug coverage will be available to everyone with Medicare. This drug coverage may help lower prescription drug costs and help protect against higher costs in the future.
Medicare prescription drug coverage is insurance provided by private companies that have been approved by Medicare. It is often referred to as Medicare Part D. Starting January 1, 2006, new Medicare prescription drug coverage will be available to everyone with Medicare. The Centers for Medicare & Medicaid Services (CMS) administers the Medicare Part D benefit.
