WEDNESDAY, JUNE 29, 2016
Medicare Part D
What is Medicare Part D? Part D of Medicare provides the prescription coverage. It is important to sign up for Medicare Part D during the Initial Open Enrollment in order to avoid possible penalty charges. There are to 2 options to sign up for Medicare Part D. First option is to purchase a stand alone Part D plan and the second option is to purchase a Part C or Medicare Advantage Plan that includes the Part D. Most Medicare Advantage Plans pick up the Part D coverage. If you purchase a Medigap plan, you will then have to purchase a stand alone Part D plan because Medigap plans do not include the prescription coverage.
Medicare Part D may charge a monthly premium or may not, depending on what plans are available in your area. A careful review is needed before purchasing a Part D plan in order make sure that all your prescriptions are covered under the plan. Once you sign up for s Medicare Plan D, you have the option to change plans once a year during Open Enrollment between October 15th - December 7th.
If you have further questions about your Medicare Part D or other questions regarding Medicare coverage, you can always contact
Medicareline Insurance in Colorado
Phone: (719) 360-2795
Website: www.medicareline.org
E-mail: john@medicareline.org
An article by John A. Balota
Owner of Medicareline Insurance
Posted 1:54 PM Tags: medicare part d, what is medicare part d?, donut hole, 2016 medicare part d, medicare advantage plans, medicare supplement plans, medigap plans in colorado springs, medicare part d in colorado springs, annuities in colorado springs, medigap in colorado springs, medicare plans in colorado springs,
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