What Is Part D Prescription Drug Coverage?
Part D Medicare insurance covers prescription medications. If prescription drugs are part of your ongoing healthcare, then you may want to add a Part D plan to your Original Medicare coverage. Or you can choose a Medicare Advantage plan that includes prescription drug coverage.
Not Sure About Medicare Coverage For Certain Healthcare Needs?
Talk to your doctor. If it’s not clear whether your treatment, medication, or any other procedure is covered, just ask. Compare Medicare coverage with Anthem to find a plan that fits your changing health needs.
When Are You Eligible For Medicare Coverage?
You’re eligible for Medicare when you turn 65. Around the time of your 65th birthday, there’s a seven-month window called the Initial Enrollment Period (IEP), when you can apply for Medicare:
- Three months before you turn 65
- The month you turn 65
- Three months after you turn 65
If you miss your IEP, you have another chance to enroll. You can sign up for Medicare Part A and Part B between January 1 and March 31 each year. Your Medicare coverage then begins on July 1 of the same year.
Can You Change Your Medicare Coverage Once You’ve Enrolled?
If you find you need more coverage or want a different plan after you’ve enrolled in Medicare, you can apply for a new plan during the Annual Enrollment Period — also known as the Annual Election Period. This window, from October 15 to December 7 each year, allows you to add, drop, or change your coverage. You also have a chance to change your existing Medicare Advantage plan from January 1 to March 31 during the Medicare Advantage Open Enrollment Period. The most important thing is to find the Medicare coverage that works for you.
Find a Medicare plan that fits your coverage needs. Explore your plan options.