|» effective date||» enrollment period|
|» eligible drugs||» exclusions|
|» eligibility for the Medicare Prescription Drug Program||» explanation of benefits|
|The date your insurance is to actually begin. You are not covered until the policies effective date.
|A list of prescription drugs that are covered by a particular Part D plan. Drugs listed on the formulary are also called eligible drugs. A formulary can also be called a preferred-drug list (PDL), or a select drug list.
|eligibility for the Medicare Prescription Drug Program|
|You're eligible for the Medicare Prescription Drug Program if you're eligible for Medicare benefits under Part A or enrolled in Part B and live in the service area of the plan.
|The period during which individuals may enroll for an insurance policy, Medicare, HMO benefits. For Medicare Part D, there are different "enrollment periods", the IEP, AEP, OEP, and SEP.
|Items not covered by an insurance policy. Part D drug plans have two types of exclusions. The first type is the drugs that Medicare has excluded from coverage under Part D, no Part D plan will cover these. The second type is the drugs excluded from a particular plan's list of covered drugs, or formulary, this list varies by Part D plan.
|explanation of benefits|
|The insurance company's explanation of its decision regarding your claim.|