Medicare Part D

Medicare Part D (sometimes called PDP) adds prescription coverage to one’s Medicare coverage. This is available when you first enroll in Medicare and/or when you lose credible prescription coverage (such as employer group plan). If you do not enroll in a Medicare Part D plan when initially eligible, a penalty will be applied to the premium. The longer the delay, the higher the penalty.

Medicare Part D is part of most Medicare Advantage plans (Part C), but they can be purchased separately if you purchase a Medicare Supplement plan.

Part D plans offer:

  • Co-pays for generic and brand name prescriptions and coinsurance for specialty medications.
  • Discounts and some co-pays may apply during the coverage gap (donut hole) and during the catastrophic period.
  • Formularies, which are lists of the drugs covered under a plan.
  • A Pharmacy Network for you to choose from as well as mail order pharmacy services.

There is an annual enrollment period each year of October 15th to December 7th if you wish to make plan changes.

Still have questions about Medicare Part D? Contact one of the Mair Agency Medicare Consultants today.

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Just awarded the #1 Medicare Agency by Blue Cross NC

We were contracted by Blue Cross NC in 1996 and quickly became an Exclusive Presidents Club Agency for them, maintaining this top producing agency level year after year. We are honored to receive the #1 Medicare Agency in North Carolina for two years in a row.

This award and acknowledgment requires much more than selling a product. This recognition requires our agency to exhibit unsurpassed customer service as well as provide advisors/agents that are consistently the most informed, educated and best support-arm for you, our clients.

We thank our existing clients for having the faith and trust in us that brought us to this achievement. For those of you approaching the need to now benefit from the Medicare you supported for many years with your tax dollars, and maybe some of you that wonder if you have made the best choices in the past, we welcome you to give The Mair Agency an opportunity to meet you. We will ensure you have complete knowledge of all your options and perhaps become a family member of the #1 agency in North Carolina with BlueCross and BlueShield.