You’ll also benefit from low premiums and deductibles, as well as access to a preferred pharmacy network.
Prescription Drug Plans
With a prescription drug plan through South Dakota Senior Insurance Agency (SDSIA), you can rest assured that you have a plan that’s not only affordable, but that also covers the prescriptions you need the most.
Is a Prescription Drug Plan the right choice for me?
A prescription drug plan through SDSIA is an ideal solution if:
- You already have Medicare Part A or Part B
- You have Medicare Supplement Insurance and want a prescription plan to add to your coverage
- Your employer doesn’t cover prescriptions
- You would like the peace of mind of having coverage, even if you do not yet have prescribed medications
Call us today at (605) 939-4825 to enroll in the right Prescription Drug Plan for you!
Benefits of a Prescription Drug Plan
- Low monthly premiums
- Comprehensive drug coverage to save money on an extensive list of medications
- Preferred retail pharmacies
- Preferred mail order pharmacies
When can I enroll in a Prescription Drug Plan?
- You can enroll when you first become eligible for Medicare during the Initial Enrollment Period. That's the seven-month period which starts three months before your 65th birthday month and ends three months after. If you don’t sign up during this time, you may have to pay a late penalty if you enroll at another time.
- You can enroll, or switch plans each year, during the Annual Enrollment period from October 15 to December 7. If you sign up during this time, your coverage starts on January 1.
- There are a few other exceptions, known as Special Enrollment Period, and includes events like:
- Moving to another area
- Losing your coverage from work
- Learn more about Special Enrollment Periods
Frequently Asked Questions
Q. What is “Extra Help” under the Medicare prescription drug program and how can I apply?
Anyone who has Medicare can get Medicare prescription drug coverage (Part D). Some people with limited resources and income also may be able to get Extra Help. This Extra Help will help pay for the costs, such as monthly premiums, annual deductibles, and prescription copayments.
You can apply for Extra Help online. To schedule an appointment or to apply for Extra Help over the phone, contact us at 1-800-772-1213 (TTY 1-800-325-0778) between 7 a.m. to 7 p.m., or contact your local Social Security office.
What’s the Medicare Part D Late Enrollment Penalty?
You may have to pay a late penalty fee if you don’t sign up for a prescription drug plan when you’re first eligible for Medicare Part A or Part B and you don’t have another prescription plan that meets Medicare standards at that time. This penalty generally continues as long as you have Medicare Part D coverage.
Can’t find the answer you need? Contact us for assistance!
Call us today at (605) 939-4825 to enroll in the right Prescription Drug Plan for you!