Part D Prescription Drug Plans

Part D Prescription drug plans, also known as Part D of Medicare are offered by private insurance companies. These plans help cover the cost of your prescription medications.

You must meet the following conditions in order to enroll in a Part D Prescription Drug Plan:
1. You must have Medicare Part A and/or Part B.
2. You must live in the plan’s service area.

When you first become eligible for Medicare, you can join during the 7-month period that begins 3 months before the month you turn 65, includes the month you turn 65, and ends 3 months after the month you turn 65.

If you get Medicare due to a disability, you can join during the 7-month period that begins 3 months before your 25th month of disability and ends 3 months after your 25th month of disability.

During the Annual Enrollment Period, October 15- December 7, anyone with Medicare can join, switch, or drop a Medicare Part D Prescription Drug Plan. Your coverage will begin on January 1, as long as the plan gets your request by December 7.

During the Disenrollment Period, January 1- February 14, you may cancel your prescription drug plan, but you will not be able to enroll in another plan until the following Annual Enrollment period.

There are special circumstances that may allow you to enroll in a Medicare Part D Prescription Drug Plan at any time of the year. Some examples include; moving out of state, losing employer coverage, having Medicare and Medicaid, ect. Please contact us with any questions or to confirm a special election period.

If you have limited income or minimal resources to pay for your Medicare Part D Prescription Drug Plan, you may qualify for additional assistance to help with the cost.  “Extra Help” is a program through the Social Security Administration to help people minimize out-of-pocket expenses for medication when you have a Medicare Part D Prescription Drug Plan.