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Understand: Stand-Alone Prescription Drug Coverage Medicare

2024-04-30T21:15:00+01:00Categories: Medicare|Tags: , , , |

Understanding Stand-Alone Medicare Prescription Drug Coverage Medicare prescription drug coverage, also known as Part D, is a stand-alone plan offered by private insurance companies. It helps individuals with Medicare pay for prescription medications. This coverage is available to everyone with Medicare, regardless of their income or health status. It is important to understand the various aspects of this coverage to make informed decisions about your healthcare needs.

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Not all plans offer all of these benefits. Availability of benefits and plans varies by carrier and location. Deductibles, copays, coinsurance, limitations, and exclusions may apply.
We do not offer every plan available in your area. Currently, we represent [18] organizations that offer [52,101] products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP)
to get information on all of your options.

We represent Medicare Advantage HMO, PPO and PFFS organizations and stand-alone PDP prescription drug plans that are contracted with Medicare. Enrollment depends on the plan’s contract renewal. Not all plans offer all of these benefits. Benefits may vary by carrier and location. Limitations and exclusions apply.

Enrollment in Medicare/Medicare Advantage may be limited to certain times of the year unless you qualify for a Special Enrollment Period.

Medicare supplement insurance is available to those age 65 or older enrolled in Medicare Parts A and B, and in some states to those under age 65 eligible to Medicare due to disability or end stage renal disease.

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