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What are the most important things to know about the new Medicare prescription drug coverage?
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1. The new Medicare prescription drug benefit, known as Part D, is a voluntary program that provides prescription drug coverage to seniors and disabled individuals who qualify.
2. To be eligible for this benefit, you must have been enrolled in Medicare Part A or B before the beginning of the year.
3. Medicare Part D covers outpatient prescription drugs, including those used to treat chronic illnesses such as diabetes and high blood pressure.
4. You can enroll in Part D by calling 1-800-MEDICARE (800-633-4227) or visiting www.medicare.gov.
5. To get the best value out of your plan, it’s important to review your options carefully and make sure you understand all the details of your coverage.