Medicare is a health insurance program created to help qualifying people with the cost of health care. Medicare now offers insurance foroutpatient prescription drugs through a voluntary program offered by private plans which began in January 2006. This program is financed through what is called Medicare Part D.
The Part D program was enacted in legislation through the Medicare Modernization Act of 2003 or (MMA). It is available only to those that qualify for and receive Medicare Part A and/or Part B. Coverage is provided through private insurers such as Humana and United Healthcare among others.
In this course, we’ll look at the background of Medicare Part D and its associated eligibility and enrollment process, benefits, formularies, and gap in coverage.
- Discuss the background of Medicare Part D
- Explain the enrollment process and periods for beneficiaries
- Summarize the basic Part D drug benefits and Coverage Gap
- Discuss the Part D drug formularies
- Identify which beneficiaries can receive extra help
Source File Format
Studio 09, Studio 13