How will your CHAMPVA coverage work with your Medicare prescription drug coverage?:QuickMedicareSupplement.com

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How will your CHAMPVA coverage work with your Medicare prescription drug coverage?

How will your CHAMPVA coverage work with your Medicare prescription drug coverage?

Joining a Medicare drug plan is always your alternative. It is not necessary that you join a Medicare drug plan; it is not obligatory. If you have CHAMPVA and you join a Medicare prescription drug plan, Medicare will be the prime payer and CHAMPVA will be the secondary payer. This means that Medicare will pay first and CHAMPVA will repay your co-payment up to 75% of the CHAMPVA allowable amount for covered prescriptions. You will be liable for any costs not covered by these two programs.

CHAMPVA prescription drug coverage is considered creditable prescription drug coverage, meaning it is at least as good as Medicare prescription drug coverage. This means that if you make a decision that you want to join a Medicare prescription drug plan after you are first qualified, you won't have to pay a late enrollment penalty. You must join during a valid enrollment period.

If you have limited income and resources, you may be eligible for extra help that pays your Medicare prescription drug plan costs. If you think you may meet the requirements, you must apply for the additional help and join a Medicare drug plan. You can still keep your CHAMPVA coverage as a secondary payer.

If you are enrolled in the CHAMPVA Meds by Mail program and you join a Medicare prescription drug plan, you will no longer be qualified for Meds by Mail. This is because Meds by Mail is only for those who do not have any other drug coverage.

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