Mesquite Nevada Medicare Part D - Prescription Drug Coverage

Key Points to Part D in Mesquite – Prescription Drug Plan:

• Medicare Part D is simply insurance for your medication needs
• Beneficiaries in Mesquite can enroll in a standalone Part D drug plan that goes alongside your Original Medicare benefits
• Some Medicare Advantage plans have a built-in Part D drug plan
• You pay a monthly premium to an insurance carrier for your Part D plan. In return, you use the insurance carrier’s network of pharmacies to purchase your prescription medications. Instead of paying full price, you will pay a copay or percentage of the drug’s cost. The insurance company will pay the rest.

Below is the current Prescription Drugs Statistics in our Nation (according to Kaiser as of 2019):

• 58% of Seniors are currently taking at least one prescription medicine
• 27% say they take four or more prescription drugs
• 35% of those taking 4 or more prescription drugs say it is difficult for them to be able to afford prescription medication
• 30% claim they did not take any prescription medication as directed due to cost
• 45 Million beneficiaries have prescription drug coverage through medicare
• 6 Million are in Stand-Alone Part D plans as a supplement to traditional Medicare
• 4 Million are enrolled in a Medicare Advantage Prescription Drug Plans

Enrollment in Medicare Part D plans is voluntary, with the exception of seniors who are eligible for both Medicare and Medicaid and certain other low-income beneficiaries who are automatically enrolled in a prescription drug plan if they do not choose a plan on their own. Unless you have drug coverage from another source that is at least as good as standard Part D coverage also known as “creditable coverage”, you could face a penalty equal to 1% of the national average premium for each month you delay enrollment.

To learn more about how Part D works and what it covers including the 3 levels of assistance programs available to Nevada beneficiaries in Mesquite please go to What is Part D in Learn About Medicare.

Get More Medicare Information

The first step to setting up affordable coverage is knowledge. Let us help you learn your benefits. Our Medicare help is always free Contact Us.