WINSTON-SALEM'S ONLINE RESOURCE FOR MEDICARE PART D (MEDICARE PRESCRIPTION DRUG COVERAGE)

Whether you are looking for information about Medicare Part D (Medicare Prescription Drug Plans) or simply to obtain a Medicare Part D Plan, you’ve come to the right place.

WHAT IS MEDICARE PRESCRIPTION DRUG COVERAGE (PART D)?

Medicare Prescription Drug Coverage is insurance that covers both brand-name and generic prescription drugs at participating pharmacies in your area. Medicare prescription drug coverage provides protection for people who have very high drug costs or from unexpected prescription drug bills in the future.

Click a section below for more information.

MEDICARE PRESCRIPTION DRUG COVERAGE (PART D) - WHO IS ELIGIBLE?

Anyone with Medicare is eligible for Medicare Prescription Drug Coverage (Part D), regardless of income and resources, health status, or current prescription expenses.

MEDICARE PRESCRIPTION DRUG COVERAGE (PART D) - HOW DOES IT WORK?

Medicare Prescription Drug Coverage (Part D) depends on the kind of health care coverage you have. There are two ways to get Medicare Prescription Drug Coverage. You can join a Medicare Prescription Drug Plan or you can join a Medicare Advantage Plan or other Medicare Health Plan that offers drug coverage.

Regardless of the Medicare Prescription Drug Plan you choose, the plan will help reduce your Prescription Drug Costs by covering brand-name and generic drugs at pharmacies that are convenient for you.

As with most Insurance Plans, generally you will pay a monthly premium, which varies by plan, and a yearly deductible. You will also pay a part of the cost of your prescriptions, including a co-payment or co-insurance. Costs will vary depending on which drug plan you choose. Some plans may offer more coverage and additional drugs for a higher monthly premium.

MEDICARE PRESCRIPTION DRUG COVERAGE (PART D) - WHEN CAN I GET IT?

You may sign up when you first become eligible for Medicare (three months before the month you turn age 65 until three months after you turn age 65). If you get Medicare due to a disability, you can join from three months before to three months after your 25th month of cash disability payments.

MEDICARE PRESCRIPTION DRUG COVERAGE (PART D) - WHEN IS THE ANNUAL ELECTION PERIOD?

If you didn’t join when you were first eligible you can join during the Annual Election Period (AEP), or Open Enrollment Period from October 15 through December 7.

MEDICARE PRESCRIPTION DRUG COVERAGE (PART D) FOR WINSTON-SALEM RESIDENTS - MORE RESOURCES

The Winston-Salem Department of Insurance has created a website designed specifically for Seniors.  This is a great resource!

www.ncshiip.com

WHAT ORGANIZATIONS PROVIDE STAND-ALONE PRESCRIPTION DRUG PLANS

While all plans have minimum amounts of coverage they must provide, each company will offer plans that cover various drugs, and have different premiums.

The Organizations that offer Stand-Alone Prescription Drug Plans are as follows (for 2009):

While ALLCHOICE has chosen to provide you with the information and links to the above companies, we hope that you will give us the opportunity to help you find the right Medicare Prescription Drug Plan (Part D) by going to our Quote Request page.