Rhode Island Medicare Part D is a prescription drug plan which is a part of health insurance plan and does not have any standard monthly premium. The individual, who has Part A, Part B, or Part C plan, is eligible for Part D. Joining a Part D program is voluntary and an extra monthly premium should be paid for the coverage. In Part D, higher monthly premium is paid by the beneficiaries who have higher income. An individual should sign up for Part D when he/she is eligible. If not, there will be a penalty for the late enrollment.
An individual can get additional help by paying prescription Co payments, monthly premiums, and annual deductibles of the Part D program. To the original Medicare, Part D adds prescription drug coverage. If an individual’s Part C plan includes Prescription drug coverage plan and if that individual join a Part D plan, then he/she will be erased from the list of Part C and come back to the original Medicare.