Page 31 - Revelations Group 2 - 2021 Greenbrier Benefit Guide (R2)

Medicare Part D Notice: Prescription

Drug Coverage and Medicare

This notice has information about your current prescription drug through no fault of your own, you will also be eligible for a two (2)
coverage with Revelations Health Care Group and your options under month Special Enrollment Period (SEP) to join a Medicare drug plan.
Medicare's prescription drug coverage. This information can help you
What happens to your current coverage if you decide to join a
decide whether or not you want to join a Medicare drug plan. If you
Medicare Drug Plan? If you decide to join a Medicare drug plan, your
are considering joining, you should compare your current coverage,
current Revelations Health Care Group medical coverage will not be
including which drugs are covered at what cost, with the coverage
affected. Participants may keep this coverage if they elect Part D and
and costs of the plans offering Medicare prescription drug coverage in
this plan will coordinate with Part D coverage. If you decide to join a
your area. Information about where you can get help to make
Medicare drug plan and drop your current Revelations Health Care
decisions about your prescription drug coverage is at the end of this
Group medical plan coverage, be aware that you and your dependents
notice.
will NOT be able to get this coverage back.

Please note: If you are not Medicare eligible, and none of your
When will you pay a higher premium (penalty) to join a Medicare
covered family members are Medicare eligible, no action is required
Drug Plan? You should also know that if you drop or lose your current
on your part.
coverage with Revelations Health Care Group medical plan and don't
There are three important things you need to know about your join a Medicare drug plan within 63 continuous days after your current
current coverage and Medicare's prescription drug coverage: coverage ends, you may pay a higher premium (a penalty) to join a
Medicare drug plan later. If you go 63 continuous days or longer with-
1. Medicare prescription drug coverage became available in 2006
out creditable prescription drug coverage, your monthly premium may
to everyone with Medicare. You can get this coverage if you join
go up by at least 1% of the Medicare base beneficiary premium per
a Medicare Prescription Drug Plan or join a Medicare Advantage
month for every month that you did not have that coverage. For ex-
Plan (like an HMO or PPO) that offers prescription drug coverage.
ample, if you go nineteen months without creditable coverage, your
All Medicare drug plans provide at least a standard level of
premium may consistently be at least 19% higher than the Medicare
coverage set by Medicare. Some plans may also offer more
base beneficiary premium. You may have to pay this higher premium (a
coverage for a higher monthly premium.
penalty) as long as you have Medicare prescription drug coverage. In
2. Revelations Health Care Group has determined that the prescrip- addition, you may have to wait until the following October to join.
tion drug coverage offered by the Revelations Health Care Group
For more information about this notice or your current Prescription
is, on average for all plan participants, NOT expected to pay out
Drug Coverage: Contact your HR department for further information.
as much as standard Medicare prescription drug coverage pays.
NOTE: You may receive this notice at other times in the future such as
Therefore, your coverage is considered Non-Creditable Cover-
before the next period you can enroll in Medicare prescription drug
age. This is important because, most likely, you will get more
coverage, and if this coverage changes. You also may request a copy.
help with your drug costs if you join a Medicare drug plan, than if
you only have prescription drug coverage from the Revelations For more information about your options under Medicare Prescrip-
Health Care Group This also is important because it may mean tion Drug Coverage: More detailed information about Medicare plans
that you may pay a higher premium (a penalty) if you do not join that offer prescription drug coverage is in the "Medicare & You" hand-
a Medicare drug plan when you first become eligible. book. You'll get a copy of the handbook in the mail every year from
Medicare. You may also be contacted directly by Medicare drug plans.
3. You can keep your current coverage from Revelations Health
Care Group However, because your coverage is non-creditable, For more information about Medicare prescription drug coverage:
you have decisions to make about Medicare prescription drug
• Visit www.medicare.gov.
coverage that may affect how much you pay for that coverage,
• Call your State Health Insurance Assistance Program (see the inside
depending on if and when you join a drug plan. When you make
back cover of your copy of the "Medicare & You" handbook for their
your decision, you should compare your current coverage, in-
telephone number) for personalized help.
cluding what drugs are covered, with the coverage and cost of
• Call 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-
the plans offering Medicare prescription drug coverage in your
486-2048.
area. Read this notice carefully - it explains your options.
If you have limited income and resources, extra help paying for
When can you join a Medicare Drug Plan? Medicare prescription drug coverage is available. For information
about this extra help, visit Social Security on the web at
You can join a Medicare drug plan when you first become eligible for www.socialsecurity.gov, or call them at 1-800-772-1213 (TTY 1-800-
Medicare and each year from October 15 through December 7. How- 325-0778).
ever, if you lose your current creditable prescription drug coverage,
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