{"id":62545,"date":"2024-01-02T21:58:23","date_gmt":"2024-01-02T16:28:23","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=62545"},"modified":"2024-01-02T21:58:23","modified_gmt":"2024-01-02T16:28:23","slug":"wellcare-prescription-drug-plan-2024","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/wellcare-prescription-drug-plan-2024\/","title":{"rendered":"Wellcare Prescription Drug Plan 2024"},"content":{"rendered":"

Wellcare Prescription Drug Plan 2024<\/span><\/h1>\n

Wellcare is thankful for the opportunity to provide you with your Medicare Part D prescription drug benefits. There is a change to our 2024 Formulary (drug list) which may affect one (or more) of the medications you currently take.<\/strong><\/em><\/p>\n

If you are currently enrolled in a\u00a0Wellcare\u00a0<\/strong>prescription drug plan\u00a0<\/strong>and take\u00a0Symbicort<\/strong>, please be aware that this medication will no longer be covered on your plan’s formulary beginning January 1, 2024.<\/p>\n

If you have questions, we\u2019re here to help! You can chat live with a representative in our\u00a0Member Portal\u00a0<\/a>or call us at 1-888-550-5252<\/a>\u00a0<\/strong>(TTY\u00a0711<\/strong>). Representatives are available to take your call Monday-Friday from 8 a.m. to 8 p.m. (Between October 1 and March 31, representatives are available Monday-Sunday, 8 a.m. to 8 p.m.).<\/p>\n

Medicare Part D prescription drug plans are also known as PDPs. Medicare Part D is a government program that offers prescription drug insurance to everyone who is entitled to Medicare Part A and\/or enrolled in Medicare Part B.<\/p>\n

When you are ready to decide on a plan, take the time to understand how the plans work. That way, you can make an informed decision and choose the plan that’s right for you.<\/p>\n

\"Wellcare<\/div>\n

Different PDPs Cover Different Drugs<\/span><\/h2>\n

The federal government has specific guidelines for the types of medications we must cover as well as a minimum standard of benefits we must follow.<\/p>\n

Each plan has a formulary (a list of covered drugs) that meets these requirements as required by law. Keep in mind, not all plans are the same. They may vary in cost or specific drugs covered.<\/p>\n

If you enroll in a Medicare Part D plan, please review the plan’s formulary to ensure it will meet your prescription drug coverage needs.<\/p>\n

If You Have a Current Medicare Advantage Plan<\/span><\/h2>\n

If your Medicare Advantage Plan includes prescription drug coverage and you join a Medicare PDP, you will be disenrolled from your Medicare Advantage Plan and returned to Original Medicare with your Medicare PDP.<\/p>\n

Medicare Drug Coverage (Part D) Late Enrollment Penalty<\/h3>\n

The late enrollment penalty is an amount that\u2019s added to your monthly Medicare drug plan (Part D) premium. You may owe a late enrollment penalty if at any time after your Initial Enrollment Period is over, there\u2019s a period of 63 or more days in a row when you don\u2019t have Medicare drug coverage or other credible prescription drug coverage. You will generally have to pay the penalty for as long as you have Medicare drug coverage.<\/p>\n

When It Comes to Coverage, You Have Options:<\/h3>\n