medicare part d pres

                                               Medicare Part D

Individuals on Medicare are eligible for prescription drug coverage under a Part D plan only if they are signed up for benefits under Medicare Part A and/or Part B. The Part D drug benefit is only offered by private insurance companies.

Medicare beneficiaries who were eligible for but did not enroll in a Part D when they were first eligible and later want to enroll, pay a late-enrollment penalty if they did not have creditable coverage through another source such as an employer or the U.S. Veterans Administration. This penalty is equal to 1% of the national premium index times the number of full calendar months that they were eligible for but not enrolled in Part D and did not have approved coverage through another source. The penalty raises the premium of Part D for beneficiaries, when and if they elect coverage for the life.

Open enrollment (click here)


  • Due to many Insurance Companies selling Medigap and Advantage policies we are unable to advise until we are aware of your needs.

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