The Annual Enrollment Period for Medicare Part D is rapidly approaching, yet many eligible Americans still lack basic knowledge about the Medicare Part D prescription drug benefit and available coverage plans. In fact, according to a four-part study conducted by the
Kaiser Family Foundation, numerous eligible Americans are confused over plan features and differences, fearful of the consequences of changing plans and unable to define key terms such as co-payment, premium and coverage gap. To help educate and address these challenges, November has been declared Senior Drug Coverage Awareness Month.
