MEDICARE PRESCRIPTION DRUG COVERAGE -- (House of Representatives - November 15, 2005)
(Mr. CARTER asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)
Mr. CARTER. Mr. Speaker, I rise today to remind seniors all across America that they can sign up for Medicare prescription drug coverage starting today, November 15. As of January 1, 2006, Medicare begins offering participants drug coverage for citizens 65 and older. Medicare will work with employers and unions to ensure that people who currently receive prescription drug coverage through their employer or union will continue to do so.
Like other insurance, if you join, you will pay a monthly premium, generally about $37, plus a share of the cost of the prescriptions. Costs may be different, depending on the drug plan you choose. Plans will vary in the prescription drugs covered, how much you have to pay, and the pharmacies you can use.
All drug plans will have to provide at least a standard level of coverage which Medicare will set. Some plans may offer more coverage and additional drugs for higher monthly premiums. I encourage you to join the drug plan that best meets your needs.