What Do Prescription Drug Plans Cover?
Since Part D is offered through private insurance, you’ll find coverage differences between plans. While the specific medications it covers may be different, they all have to provide coverage for at least two low-cost medications for drugs in protected classes. Protected classes are for medications that treat cancer and/or HIV/AIDS.
The list of medications is called the formulary. Have your list of medications ready when you first sign up to see if the plan you’re interested in has a formulary that matches your medication needs. We will work with you to find a plan that covers most (if not all) of your medications.
When Can I Join?
You can join Part D during one of these times:
• Initial Enrollment - Seven months, ranging from three months before you turn 65 to three months following the month you turned 65
• Annual Election - October 15 to December 7
• Special Enrollment - Within 63 days after you lose creditable prescription drug coverage through another insurer