Part D Prescription Drug Plans
Also known as Part D of Medicare, Part D Presciption drug plans are offered by private insurance companies.
You must meet these conditions to join:
1. You must have Part A and Part B.
2. You must live in the plan’s service area.
3. You haven’t been diagnosed with End Stage Renal Disease (ESRD)
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.