Whether you are newly enrolled in Medicare or whether you are used to the annual ritual of comparing Part D plans, you will need to follow some guidelines.
First, let’s clear up a misconception about AARP Part D enrollment.
You DO NOT need to be a member of AARP to enroll. In fact, the plans are insured through United Healthcare, not AARP.
Guidelines for AARP plans are the same as any other companies plans. You must:
- Be eligible for Medicare
- Live within a plan’s service area
- Enroll during an appropriate election period
Unless you are entitled to a Special Election Period, you will normally compare plans beginning October 1st and submit an application between October 15th and December 7th.
If you feel you have made an error submitting an application, you can submit a new application and as long as you are within the enrollment period, the last application will stand.
Part D plans become effective on January 1st and are for the entire calendar year.
Two ways to receive AARP Part D
There are two ways to receive your Part D benefits from an AARP branded Part D plan.
You can enroll in a Medicare Advantage plan such as AARP MedicareComplete Insured Through United Healthcare or you can enroll in a stand alone plan.
If you are going to receive your Medicare benefits through Medicare only or Medicare with an AARP supplemental plan, you should consider a stand alone plan.
AARP Medicare Rx Preferred PDP is a plan with a basic formulary that includes the most popular drugs required by people on Medicare.
The plan is popular because the premiums are reasonable and there is a $0 deductible.
AARP Medicare Rx Enhanced PDP is a plan with an enhanced formulary and in addition to including all the medications in the Preferred plan, it also includes many of the less common drugs often required by people with chronic conditions.
The plan is popular because of its expanded formulary and because many generic drugs are covered in the coverage gap. The plan also has a $0 deductible.
A choice between the two plans should not be made until you have thoroughly reviewed the formularies to be certain that all your drugs are included.
If you are interested in AARP Medicare Part D you can enroll in several ways.
- Enroll online
- Enroll over the phone
- Request an application and mail it
- Meet with an agent
However you choose to enroll you should follow
the enrollment guidelines and choose your plan after a full review of all features and benefits.