What is Medicare Prescription Drug Coverage?
Medicare prescription drug coverage is a voluntary benefit under the Medicare program. The Medicare prescription drug coverage program is called "Medicare Part D." Medicare Part D benefits are provided by private insurance companies. There are prescription-only Medicare Part D plans (stand-alone Medicare Part D Plans). Medicare drug coverage also is offered through some Medicare Advantage Plans (which also provide Medicare Part A and B coverage).
There are many stand-alone Medicare Part D plans to choose from in Maine.
You can enroll in a new Medicare Part D plan during Open Enrollment from October 15 to December 7 every year, for enrollment starting the next January. However, if you have “extra help” with your Medicare Part D costs, you can enroll at any time. There are many other Special Enrollment Periods (SEPs) For more information about these and/or for help enrolling, contact your local Area Agency on Aging.
Revised September 2016