Monday, 8 January 2007

Medicare Prescription Drug Plan Enrollment Extended

Enrollment for the Medicare prescription drug benefit has been extended until February 15, 2007 for any beneficiary who didn’t receive their notice-of-change informational packets by Nov 15, 2006.

Health plans that offer Medicare prescription drug programs were required to send information to members about the Medicare enrollment period. Packets were supposed to reach beneficiaries by Oct 31, 2006, but many were late.

Companies that did not send the information on time may be subject to penalty, reports the New York Times. Health plans that sponsor Medicare prescription drug coverage have until January 5 to inform members of the enrollment extension.

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Posted by Insurance Quote at 9:51 AM in Senior Insurance