Medicare Part-D Basics
In December 2003, Congress passed the Medicare Modernization Act and created Medicare Part D. The Medicare Part D benefit took effect January 2006 and was created to help pay for prescription drugs for those people who receive Medicare benefits.
Eligibility
In order to be eligible for Medicare Part D, you must be eligible for Medicare Part A and/or Medicare Part B. If you currently get your health care covered by Medicare, including those who have some Medicare costs paid through Medicaid, this prescription drug coverage will be a new benefit. If you currently have both Medicare and Medicaid, as of January 1, 2006, you will begin receiving your prescription drugs through Medicare only.
The new Medicare Part D drug benefit will offer insurance to help you pay for your prescription drugs. It will be available to everyone who is enrolled in Medicare. Preferred Care Partners has always supplied its members with prescription drug coverage. The new Part D benefit has simply been added to the services already offered. As a member of Preferred Care Partners, you automatically qualify and are given the Part D benefit.
If you would like further detailed information regarding Medicare Part D coverage and benefits, please visit the Medicare website at: www.Medicare.gov
For information about cost-sharing for low-income beneficiaries, please CLICK HERE to refer to the page on the CMS website.
