Sunday, May 31, 2009

Medicare Part D for Diabetes



If you’re like most people, you probably have questions about Medicare Part D.

Simply put, Medicare Part D is a prescription drug coverage that’s available to everyone who is eligible for Medicare. It covers both brand-name and generic prescription drugs at participating pharmacies in your area. Medicare Part D coverage provides protection for people who have very high drug costs or from unexpected prescription drug bills in the future.

A person’s eligibility does not depend on their income and/or resources, health status, or current prescription expenses.

Like other insurance, if you join, generally you will pay a monthly premium, which varies by plan, and a yearly deductible. You will also pay a portion of the cost of your prescriptions, including a copayment or coinsurance. Costs will vary depending on which drug plan you choose. Some plans may offer more coverage and additional drugs for a higher monthly premium.

If you have limited income and resources, and you qualify for extra help, it’s possible you may not have to pay a premium or deductible. You can apply or get more information about the extra help by calling Social Security.

For more information visit http://diabetescareclub.com/lsm/medicare-partd.php