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How do I know if my prescription plan is considered creditable coverage with medicare?
Wiki User
∙ 14y ago
Your plan is required to make that determination for you based on actuarial analysis. Each year, that analysis needs to be completed by 9.30 for the next calendar year's plan. If you are covered by your employer, your employer likely received a statement of creditable coverage from the plan.
Wiki User
∙ 14y ago
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Is VA considered Creditable Coverage for Medicare?
I will be 66 in january 2014. i have medicare part a now but not part b. I have va medical healthcare now and want to sign up for part b . do i have to pay a penalty ?
What is a concern about the future of Medicare coverage?
A third concern is coverage for prescription medications.
How can one on Medicare get prescription coverage?
Prescription coverage is available for anyone that is currently covered by Medicare. In order to get prescription coverage, one must enroll in one of two plans. Once a decision is made between the Medicare Prescription Drug Plan and the Medicare Advantage Plan there are numerous ways to enroll. One way is through the designated plan's website, another is to fill out a paper enrollment form.
Identify the Medicare part with this coverage: "Prescription Drug"?
Part D
What does medicare part d does?
Medicare Prescription Drug Coverage (Part D): Medicare offers prescription drug coverage (Part D) for everyone with Medicare. To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered. If you want Medicare drug coverage, you need to choose a plan that works with your health coverage. For more information: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf page 63
Is the prescription plan considered a supplement to Medicare?
Prescription plans can be used as a supplement to Medicare. There are medications that are not covered by medicare that a prescription plan can be used as an alternative way to receive them.
Can you explain the main idea of the medicare part d formulary?
You can get prescription drug coverage (or Medicare Part D) through Medicare ... If, at any point, you drop Medicare Part D and have a break in coverage, restrictions will apply.
Medicare part d covers what?
Medicare Prescription Drug Coverage (Part D): Medicare offers prescription drug coverage (Part D) for everyone with Medicare. To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered. If you want Medicare drug coverage, you need to choose a plan that works with your health coverage. For more information: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf page 63
When a Medicare beneficiary has employer coverage Medicare is considered secondary and classifies the situation as?
MSP
Where can I apply for Medicare Part D Insurance?
Medicare part D is a prescription drug coverage insurance that is a part of your medicare insurance if you qualify. It can be applied for at the medicare.gov website.
Are you due a tax rebate?
The ONLY rebate that is being sent OUT for the year 2010 is going to CERTAIN (SOME) taxpayers that have the Medicare prescription drug coverage when they enter the DONUT HOLE in the year 2010 for their drug costs.If you have Medicare prescription drug coverage, and aren't already getting Medicare Extra Help, Medicare will automatically send you a tax free, one-time $250 rebate check after you reach the coverage gap (also called the "donut hole") in 2010.The Affordable Care Act passed by Congress and signed by President Obama this year contains some important benefits for Medicare recipients. If you have Medicare prescription drug coverage, and aren't already getting Medicare Extra Help, Medicare will automatically send you a tax free, one-time $250 rebate check after you reach the coverage gap (also called the "donut hole") in 2010. This rebate is the first step toward closing the Medicare prescription drug coverage gap
A patient's prescription drug coverage under medicare would be billed under which type of medicare?
the answer is D . part D
