Part D drug plans add drug coverage to Original Medicare. These plans are provided by private companies that contract with the government. You must have Part A or B in order to sign up for a drug plan. Most drug plans do have a premium and deductible, but rates vary based on location. The annual enrollment period for Part D is Oct 15 through December 7-this is the time you are able to make changes to your plan.
If you do not enroll in Part D during your initial enrollment period, you are subject to a late enrollment penalty that is added to your Part D premium. The penalty is 1% of the national average of the standard plan premium per month that you were eligible for Part D but did not enroll. Even if you are not currently taking any medications at the time of eligibility, we recommend that you enroll in a low-cost plan to avoid paying late penalties later on.If you have creditable coverage through work or the VA, you will not be subject to the late enrollment penalty.
Part D plan benefits vary depending on which plan you choose. The premium, deductible, and copayment costs vary based on different factors such as the medications you are taking, the pharmacy you use, and the plan you choose. Prescriptions are priced according to what “tier” the drug is in. Your out-of-pocket costs may be less at a “preferred pharmacy” because it has agreed with your plan to charge less.
Original Medicare (Parts A & B) partnered with a Medigap plan and Part D plan will cover almost all of your medical expenses with the exception of your Part B deductible, Medigap premiums, and Part D premiums and copayment. Any doctor or hospital that accepts Medicare must accept your Medicare Supplement Plan.
If you know a Medicare Supplement with Part D is the way you want to receive your health insurance coverage, and you want to be able to use any doctor or facility that takes Medicare and not have to worry about prior authorization, it is time to request your unbiased report so that we can make a recommendation for you! Call 888-60-1590 for a free report on plans in your area!
We went to a class that Seniors Benefits had which started to answer many questions that we had and hooked us up with Katie. She helped me through the whole process of obtaining Medicare and a supplement insurance. She was patient and answered all my questions and made sure that I had a complete understanding of this whole process. I highly recommend using seniors benefit and there is no cost to use them.
- Pamela Bentz
I called the office asking if they could help me with my medicare benefits. My call was transferred to Katie. She answered all my questions and was very knowledgeable. I was told she would check on something for me and called me back with additional information. I was very pleased with the service, Katie was professional and was very helpful. I would highly recommend them.
- Barbara Ritchey
Seniors Benefit has been so helpful to me from the time I first became eligible for Medicare. I was so confused in the beginning as to how to choose what plans I wanted and they were excellent in explaining it all to me. Plus they help me every year to make the best cost-saving choices. I highly recommend Seniors Benefit!
- Joanne Mitchell
Understanding and navigating the Medicare system was so much simpler with the professional help of Seniors Benefit. Wally provided an easy to understand presentation at our local library and patiently answered all the questions from his audience. As a followup to the presentation, Katie at Seniors Benefit listened to what I needed in health/dental/supplemental policies and found the best fit for me. She made the whole decision process so much easier and stress free. I'm looking forward to a yearly Plan D evaluation by Seniors Benefit to make sure I continue getting the best drug plan for my money.
I have used Seniors Benefits for nearly 10 years originally when we lived in Hot Springs Village, Arkansas and then later when we moved to Lawrence, Kansas. From the beginning Wally Stone explained all my options for prescription drug coverages and my supplement insurance. Anytime I had a question, Wally or someone in his office would promptly call me back. This is very important to me since it is difficult to get anyone to actually return a call. Also Wally or someone in his office handles the paperwork. I have always referred people to Seniors Benefits and will continue to do so.
- Charles Klepfer
We have used Seniors Benefit for a number of years and office staff are always very helpful and get us through the maze each year. They work hard researching all the plans and comparing our needs with the many plans. Thank you for your diligent work.
- Jan Murray
Best of the best. Wally is great at helping with insurance needs and saving u money. His staff is very friendly and helpful. Would not use anybody else.
- Anita Dickinson
Katie was the best. She was more than helpful with this complicated Medicare system. Would recommend this company highly.
- Dawn Rubio
Our accountant recommended Wally. Greeted with a smith upon entry. Everyone spoke to us,made us feel appreciated and welcome. Wally guided us through the sing up process leaving us fully informed. Also explained what to expect in mail the next few weeks. Entire process was extremely smooth and exactly as he communicated. We will definitely recommend Wally @ Senior Benefit. Mike and Kim
- Kim Hutzel
Thanks to Mrs Katie and the entire team at Seniors Benefit for everything they did going above and beyond to help navigate the confusing waters of the Medicare system. Senior Benefit has been there throughout every step of this long, often mind boggling journey. Providing me with much needed guidance and materials in order to make a well informed decision as possible. Keep up the good work.
- Charles Stroud
My grandmother had been doing business with these people for a long time and I have never heard her say one negative thing about them! They always are looking out for her and find her the best deal for her situation! We love them!!
- Michelle Blancher
Seniors Benefits....ie.....Mr. Wally Stone has handled our Medicare supplemental and Part D insurance needs for 7 years now. They are extremely professional, and always keep our best interest in mind. I am always confident that we are using the insurance company that is giving us what we need for the lowest premium. Mr. Stone has even assigned my wife to a different company that myself in order to keep our costs under control. GREAT COMPANY. I RECOMMEND THEM TO ALL MY FRIENDS.
- Gary Buettner
The very professional staff at Seniors Benefit is the BEST!!!!! They always help me guide my decisions with expert advice...PLUS, they are ALL so friendly and accommodating . I am MORE than pleased with their services!
- Marcia Cash
Outstanding service from everyone at Seniors Benefit from the first time I spoke with them No pressure to use them, but they were so helpful that I wouldn't have used anyone else. They were always prompt about responding to my questions and went above and beyond to help with my needs. I would strongly recommend them to anyone and have referred several friends to them that were in need of any services they offer.
- Heidi Nash
I have been using this company since 2010 and could not be happier. They know the laws and stay on top of all changes on my behalf. They make sure I am getting up to date care and benefits. It's really nice to have someone genuinely looking out for my best interest.
- Rachel Rose
Navigating the medicare insurance options is not easy. Senior Benefits was extremely helpful. They are very knowledgeable about the benefits/insurance that was available in my county. They were also timely on their responses, helping with forms, etc. I would highly recommend them.
- W Johnson