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Showing posts from November, 2020

What drugs are covered by Medicare Part D and am I eligible to get it?

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If you wonder what drugs are covered by Medicare Part D , you have come to the right place. Askhpm experts tell you exactly how you can apply for a supplemental insurance plan, their eligibility criteria, and the drugs that lie under each category. Get in touch with our healthcare advisors today. Prescription drugs covered by Medicare part D differs from plan to plan. There is a Formulary that is predefined under Part D plans, and you need to ensure you have the information to select the right one. In general, all therapeutic category prescription drugs will be covered under the Medicare Part D plans. Medicare beneficiaries will need to assess their financial situation and select the plan that accommodates their prescription drugs. Medicare Part D plans must cover all or a substantial number of drugs in six categories- antipsychotic drug, antidepressants, anticonvulsants, antiretroviral (AIDS treatment), anticancer, and immunosuppressants. Some plans may cover a wide range of na

What is a Medicare savings program?

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A Medicare savings program is curated to ensure your well-being and benefit. If you are still not sure about the fine details about this program, get in touch with AskHPM experts today. We are here to help you make an informed decision, every day. A Medicare savings program is designed to help beneficiaries get help or assistance from the state. It is possible to get help in paying Medicare premiums for Part A (hospital insurance), Part B (medical insurance), coinsurance, deductibles, and copayments as well. There are prerequisites attached to these benefits though. There are, primarily, four types of Medicare Savings Program such as: 1.        Specified Low-Income Medicare Beneficiary Program (SLMB) 2.        Qualified Medicare Beneficiary program (QMB) 3.        Qualified Disabled and Working Individuals Program (QDWI) 4.        Qualifying Individual Program (QI) If you meet the requirements and qualify for the QI, QMB, or SLMB program, you automatically get the addit