There are 17 days remaining in the 2012 open enrollment period for Medicare health plans, and this includes Medicare Part D (Prescription Drug Plans).

Community CCRx PDP (Prescription Drug Plan) is a federal qualified plan that is offered by the following organizations that contract directly with the government to offer:  Silverscript Insurance Company, and Pennsylvania Life Insurance Company.

There are two stand-alone Community CCRx plans

1) Community CCRx Basic – lower monthly premium (but responsible for $320 deductible)

2) Community CCRx Choice. – higher monthly premium, with no deductible

Both plans offer $0 and $2 co-pays on many popular brand name drugs, and with all Medicare Part D plans, you must continue to pay your Medicare Part B Premium.

The most important thing to understand when selecting a Medicare Part D Prescription Drug Plan, is whether drugs that you currently have prescriptions for are included in the formulary of the plan you decide to purchase, otherwise they will not be covered.

Written by Jeff Levy