Neil Primack of Florida Medicare Supplement Insurance is writing a monthly column in The Boca Voice. This month’s column covers the basics of Understanding Florida Medicare Part D Prescription Drug Plans.
Medicare Part D is something just about every senior citizen living in Florida has heard about, but to many people, it’s just another letter in the confusing Medicare alphabet soup.
Medicare Part D is the prescription drug coverage part of Medicare, but it’s important to understand that Medicare Part D plans are NOT included in Medicare Part A and B. Medicare Part D is an add-on coverage from private insurance companies that you need to sign up for and pay for separately. Although these prescription drug plans are purchased from private insurance companies such as Silverscript, Florida Blue or Humana, it’s actually a federal program that subsidizes the cost of those prescription drugs as well as the prescription plan monthly premium. It was placed into law when the Medicare Modernization Act was passed in 2003. All Medicare recipients are eligible for prescription drug coverage, or Medicare Part D, but must be signed up for Medicare Part A and/or Part B.
Medicare Part D Topics Covered in the Article Include:
- What is the Difference Between One Medicare Part D Prescription Drug Plan and Another
- Do I Really Need Medicare Part D Prescription Drug Coverage?
- When Should I Enroll in a Medicare Part D Prescription Drug Plan
- Can I Just Sign Up for a Medicare Part D When I Need Coverage
- What are Medicare Part D Special Enrollment Periods
- Do I Need Medicare Part D If I Have a Medicare Advantage Plan
Read the Entire Article Here: Understanding Medicare Part D
Do you have a question about Medicare, Florida Medicare Supplement Plans or Medicare Advantage Plans? Ask Neil! For more information on how Florida Medicare Supplement Insurance can help with your Medicare health insurance needs call Neil Primack (561) 935-3907 or email him at: email@example.com.