the Medicare Prescription Drug Plan
Frequently Asked Questions
Q: Who qualifies for coverage?
A: Everyone who is eligible for Medicare.
Q: Who offers the drug plan?
A: Medicare will work through private companies to offer this coverage. USAA anticipates members will have access to Medicare prescription drug plans from a leading provider.
Q: Will I pay a premium?
A: Most people can expect to pay a monthly premium ranging from $20 to $30.
Q: Are there different plan options?
A: Yes, so it’s important for you to evaluate your situation and choose a plan that meets your needs. Drug plans vary, but all providers are required to offer one plan with basic coverage.
Q: What happens if I don’t sign up during open enrollment?
A: You can join later, but your monthly premium will likely include 1 percent penalty for each month you waited.