Question

During an appointment scheduled to discuss a Medicare Advantage prescription drug plan (ma-pd) mr Peters asked his agent to describe a stand alone prescription drug plan that his neighbor told him about what should his agent do

Answer 1

A stand-alone prescription drug plan is a Medicare Part D plan that provides prescription drug coverage on its own, separate from other Medicare coverage. It is a suitable option if the individual already has Original Medicare and is solely interested in prescription drug coverage.

Step-by-step explanation:

Mr. Peters' agent should explain that a stand-alone prescription drug plan is a type of Medicare Part D plan that provides prescription drug coverage on its own, separate from other Medicare coverage. Unlike a Medicare Advantage Prescription Drug plan (MA-PD), which combines prescription drug coverage with other medical coverage, a stand-alone plan focuses solely on prescription drugs.

By opting for a stand-alone prescription drug plan, Mr. Peters can ensure that he has coverage specifically for his prescription medications. This may be a suitable option if he already has Original Medicare (Part A and Part B) and is not interested in the additional benefits offered by a Medicare Advantage plan.

Answer 2

The agent should inform Mr. Peter about a Part D Medicare plan to let him know about a stand-alone prescription drug plan.

Step-by-step explanation:

Stand-alone drug plans refer to the plans that has been chosen and purchased by the beneficiary on their personal choice and is not associated with an Original Medicare plan. Generally, it refers to the Part D plan of Medicare insurance.

The agent should also mention to the beneficiary about the Affordable Care Act of 2014 which made prescription drug plans essential in all health plans which made the necessity of a stand-alone plan unnecessary if the beneficiary already have an existing health plan.

Original medical plan is the only plan that doesn’t come with the coverage of prescription drug. In such case a stand-alone medical plan is needed.