Thursday, March 31, 2011

Medicare Part D with TRICARE


Medicare Part D with TRICARE

Question: If you had TRICARE for Life would you even get a Part D plan of any kind?

Answer: Probably not. With TRICARE for Life your prescription coverage is considered creditable which means it is as good as or better than what you could get with a Medicare Part D plan. There is no reason to get other coverage unless you are unhappy with how TRICARE is covering your prescriptions (which I doubt you will be). In that case, you may enroll in a Part D plan without losing your TRICARE. Medicare Part D would pay first, TRICARE would pay second. I assume you are aware you need to enroll in Medicare Part B at or past age 65 once you are no longer active duty. For more specific questions about TRICARE prescription benefits call the TRICARE Pharmacy Program 1-877-363-1303.