Question

How does one become eligible for Part D: Prescription Drug coverage?

1) Must meet certain underwriting guidelines
2) Must have a valid prescription
3) Must have Medicare coverage
4) Must have Medicaid coverage

Answer 1

To become eligible for Part D: Prescription Drug coverage, individuals must meet certain requirements including enrollment in Medicare, enrollment in a Prescription Drug Plan, and meeting the plan's specific requirements. Option 1 is correct.

Step-by-step explanation:

To become eligible for Part D: Prescription Drug coverage, individuals must meet certain requirements. It is important to note that while Part D coverage is provided under the Medicare program, not all Medicare beneficiaries are automatically eligible for Part D. The eligibility requirements for Part D include:

1. Enrollment in Medicare: Individuals must have Medicare coverage in order to be eligible for Part D. Medicare coverage includes Part A (hospital insurance) and/or Part B (medical insurance).
2. Enrollment in a Prescription Drug Plan: Individuals must enroll in a Medicare Prescription Drug Plan (PDP) or a Medicare Advantage Prescription Drug Plan (MA-PD) that offers Part D coverage. These plans are offered by private insurance companies and are approved by Medicare.
3. Meeting the Plan's Requirements: Each Prescription Drug Plan may have its own specific requirements, such as meeting certain underwriting guidelines and having a valid prescription. It is important to review the specific plan's details to ensure eligibility.