Medicare Part D Prescription Drug Plans (PDP)
Introduced in 2006, Medicare Part D prescription drug plans are the most recent addition to the Medicare program.
There are two ways of getting Part D coverage. The first is through purchasing a stand-alone plan to pair with Original Medicare coverage. The second is to enroll in a Medicare Advantage plan with prescription drug benefits, often called an MAPD plan.
Part D plans are sold by private insurers and are available to anyone enrolled in Original Medicare. There is no required physical exam for them, and you cannot be denied this coverage for financial or health reasons. Though Medicare Part D is optional, you may pay a late-enrollment penalty if you don’t enroll as soon as you’re eligible.
Choosing a Part D Plan
With more than 400 plans to help seniors afford their prescription drugs covered by insurance, how can you know for sure which plan is right for you? The answer may seem complex, but it does not have to be. Now, how do we shop for what we need? We look online and we read reviews. We may even talk to family and friends to find their experiences. But these aren’t the only resources you have. Licensed health insurance agents can be your access to a wealth of knowledge on this specific topic, and a good agent can pair you with the right plan to meet your needs.
Licensed Health Insurance Agents Can Help with Medicare Questions
Health insurance agents are educated and trained on the insurance plans they work with and must update their education continually. They can analyze which plan may be fit for your personal situation. This is why it’s good to know your health insurance representative and have their phone number handy. If your situation changes, your agent may have a better plan that can save you money. If you would like to speak with us, just call us at 443-912-5467 (TTY: 711) or 855-219-4662 (TTY: 711).
We have our own prescription drug plan comparison tool called Medicareful, which helps beneficiaries like you to gather information about your choices in the part D program.
Talk To Friends & Family
In addition, you may want to talk with others about their experiences with their Medicare Part D plan. Ask your friends and family about what plan they selected, how they feel about it and what they learned.
What’s the Real Shortcut & Time Saver?
Local, licensed health insurance agents are part of the community and they field many of the same questions that you have on a daily basis.
You’ve got questions, we’ve got answers.
As licensed insurance agents, we are able to advise and sell Medicare Part D plans every day in more than half of the United States, but we are local too. We’ve enrolled thousands of seniors in plans that match their needs and we’d be happy to help you, too. Of course, these services are obligation-free to you. Use our website for study and prepare. Once you feel you are ready, give us a call. You can get this one off your to-do list.
Please call us at 443-912-5467 (TTY: 711) or 855-219-4662 (TTY: 711) to make an appointment today.
ShopHealthCare is a service of Secure Benefits Alliance, a licensed and certified representative of Medicare Advantage organizations. This link will take you to a contact form on our Medicareful page. Medicareful is a CMS-approved plan comparison and enrollment tool, powered by Ritter Insurance Marketing, that we use to help you join a plan that meets your needs.