Question

How does one become eligible for Part D: prescription-drug coverage?

Answer 1

To become eligible for Part D prescription-drug coverage, individuals must enroll in a Medicare Part D prescription drug plan. This involves meeting the eligibility requirements for Medicare, choosing a Medicare Part D plan, and paying the necessary premiums and costs.

Step-by-step explanation:

To become eligible for Part D prescription-drug coverage, individuals must enroll in a Medicare Part D prescription drug plan. Here are the steps:

1. Be eligible for Medicare: Individuals must be eligible for Medicare Part A and/or Part B.
2. Enroll in a Medicare Part D plan: Individuals can choose a standalone Medicare Part D prescription drug plan or select a Medicare Advantage plan that includes prescription drug coverage.
3. Pay premiums and coverage costs: Individuals are responsible for paying monthly premiums for the Medicare Part D plan as well as any deductibles, copayments, or coinsurance.

Once enrolled, individuals will have access to prescription drug coverage for a wide range of medications, which can help reduce out-of-pocket costs for prescription drugs.