Guide to Humana Medicare Part D Plans: What Seniors Should Know

This article offers a comprehensive guide to Humana Medicare Part D plans, highlighting enrollment tips, coverage options, and cost-saving benefits for seniors. It emphasizes the importance of timely registration to avoid penalties and explains how these plans enhance Medicare coverage for prescription medications, dental, and vision care. Read on to understand eligibility criteria, plan features, and key considerations for choosing the right Medicare drug plan with Humana.

Comprehensive Overview of Humana Medicare Part D Options

Humana Inc, serving approximately 9 million members, ranks as the third-largest health insurer in the United States. Its 2018 Medicare plan offerings emphasize expanding coverage options, especially plans focused on fitness and wellness, across more regions nationwide. Many of Humana's prescription drug plans feature zero or minimal premiums, making them highly attractive to senior beneficiaries.

Individuals with Medicare Savings Account plans or private fee-for-service plans can enroll in standalone Medicare Part D plans to cover prescription costs.

It’s important to note that seniors enrolled in Humana’s Medicare Advantage plans with prescription coverage are not eligible for standalone Part D plans. Delaying enrollment beyond 63 days after eligibility results in a late enrollment penalty. To avoid extra costs, it’s advisable to sign up promptly once qualified. Enrolling in a Medicare plan with drug coverage provides significant savings and protection against rising medication costs.

Any updates to medication formularies or covered drugs are communicated in writing to enrolled seniors. Paying the Medicare Part B premium remains essential, regardless of whether drug coverage is included in a Medicare Advantage plan or purchased separately. Coverage availability, premiums, and benefits vary by location, so checking local options is recommended.