Medicare Part D  

Posted by the Writer

I read that health insurance costs in the US are some of the highest in the world. While their hockey stick-wielding neighbours, the Canadians, enjoy national subsidized healthcare, the young working American has to rely on their employer's private health insurance benefits because the American insurance industry is privatised.

Now, there are many Medicare plans for the customer the choose from. Medicare Part A to D.
Part A: Hospital
Part B: Medical
Part C: Medicare Advantage
Part D: Prescription Drugs Coverage

Medicare part D plans are available as standalone plans or as a complement of Part C Medicare Advantage. Now as with all insurance, they DON'T cover ALL drugs. Some drugs may be covered under another plan.

If you opt for a standalone Part D plan, you may have to pay a monthly premium. But premiums may differ depending on your age, health condition and so on.

For more information, contact your local Medicare representative.

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