What if I already have prescription drug coverage from another source?

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If you have prescription drug coverage through a private insurance company, or an employer/retiree plan, or VA, or a union plan, you may not need Medicare Part D coverage.

You should have received a letter, or a newsletter, or other information from your insurance provider stating whether your prescription drug coverage qualifies as "creditable coverage."

If you have not received a letter describing whether your prescription drug coverage qualifies as "creditable coverage," contact your insurance plan Administrator or Human Resources department.

"Creditable Coverage" means that your other source of prescription drug coverage is at least as good as Medicare Part D coverage.

If your current prescription drug coverage qualifies as "creditable coverage," you DO NOT need Medicare Part D coverage. However, in some cases such as VA prescription drug coverage, you can keep both.

NOTE: In some cases, you could lose your retiree coverage entirely if you enroll in a Medicare Part D Plan.

Revised Janaury 2013