Fifty-Fifth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

 Know About Medicare
 
before Age 65

During the Medicare Part D Initial Coverage Phase, you and the Insurance Company each contribute to the cost of your drugs. You pay the deductible, if any, and any copays for your medications. The insurance company pays the remainder of drug costs.

 

 

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Fifty-Fourth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

before Age 65

Some but not all Medicare Part D plans have a deductible that must be met in the initial coverage phase. The maximum deductible a Medicare Part D drug plan may have is $320 (2012).

 

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Fifty-Third of 65 Things Everyone Needs to Know About Medicare before Age 65

 

 

 

65 Things Everyone Needs to

Know About Medicare

before Age 65

All Medicare Part D Plans must be structured the same: Initial Coverage Phase, Coverage Gap, and Catastrophic Coverage Phase.

 

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Fifty-Second of 65 Things Everyone Needs to Know About Medicare before Age 65

 

 

 

65 Things Everyone Needs to

Know About Medicare

before Age 65

 

Insurance Companies who offer Medicare Part D prescription drug plans may set their own premiums, copays and deductibles (up to a set maximum) which are approved by the Federal Government according to Medicare Part D guidelines.

 

 

 

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Fifty-First of 65 Things Everyone Needs to Know About Medicare before Age 65

 

 

 

 

65 Things Everyone Needs to

Know About Medicare

before Age 65

 

Medicare Part D plans are regulated by the Federal Government but provided by private insurance companies.

 

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Fiftieth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

before Age 65

There is a penalty of 1% per month of the previous year’s average Medicare Part D premium assessed for every month you go without a Medicare Part D Prescription Drug Plan past your initial eligibility enrollment period.

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Forty-Ninth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

before Age 65

You may enroll in a Medicare Part D Prescription Drug Plan, 3 months prior to your 65^th birthday month and 3 months after.



For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Forty-Eighth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

before Age 65

Medicare Part D is the part of Medicare that covers prescription drugs.

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Forty-Seventh of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

 before Age 65

You may drop a Medicare Advantage Plan and return to Original Medicare January 1st to February 14th each year.

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .

 

Forty-Sixth of 65 Things Everyone Needs to Know About Medicare before Age 65

65 Things Everyone Needs to

Know About Medicare

before Age 65

You may change Medicare Advantage plans each year during Annual Enrollment which is October 15 to December 7 (2012). Some enrollment period exceptions apply based on residence, income and health conditions. Health underwriting is not required to enroll in a Medicare Advantage plan; however, there are Special Needs plans for certain health conditions.

For answers to your Medicare Questions or to request a quote on a Texas Medicare Supplement or Part D Drug Plan visit www.MedicareAnswersfromConnie.com .