Medicare Part D Coverage in Colorado
There's another way to get your Medicare Part D coverage: you can enroll in a Medicare Advantage Prescription Drug plan, and get all your Medicare benefits through a single plan. Medicare Advantage (Medicare Part C) plans are offered by private insurance companies with Medicare's approval, and each plan must include at least as much coverage as Medicare Part A and Part B (except for hospice care, which is still covered by Part A). No matter what kind of Medicare Advantage plan you enroll in, you must continue paying your Medicare Part B premium, as well as any premium your Part C plan may charge.
Beneficiaries with a Medicare Advantage plan that does not include prescription drug coverage may be able to enroll in a stand-alone Medicare Part D Prescription Drug Plan. However, you may want to check with the Medicare Advantage plan to make sure it doesn't include this coverage. If you enroll in a stand-alone Part D Prescription Drug Plan while enrolled in a Medicare Advantage Prescription Drug plan, you could be dropped from the Medicare Advantage plan and returned to Original Medicare.