What Is Part D Of Medicare?
1380 POINTSview profileJames ElbaumPresident | Founder, CLM Insurance Group, Delray Beach, FLMedicare Part D is the federal prescription drug program that's designed to subsidize the medication costs for medicare beneficiary's. The plan went into effect on January 1st, 2006. The program strongly incentives it's users to choose certain medications over others. In particular it focuses on the use of generic medications over name brands.Answered on April 22, 2014flag this answer
11498 POINTSview profileJason GoldenzweigCo-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, NevadaPart D of Medicare are your stand alone prescription drug plans. These are sold through private insurance companies and are generally paired with Original Medicare (Parts A & B) or Original Medicare and a Medicare Supplement (Medigap) plan. They cannot be sold with a Part C Medicare Advantage plan - if you have a MA plan, you would have to get an MAPD plan if you want drug coverage.Answered on April 22, 2014flag this answer
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