Does Medicare consider VA benefits as Creditable Coverage?

 

• Part D (prescription drug coverage): Yes, VA enrollment is considered creditable coverage for Medicare Part D. This means having VA prescription drug coverage allows you to delay enrolling in a separate Medicare Part D plan without facing a penalty later.
• Part B (medical coverage): No, VA health care is NOT creditable coverage for Medicare Part B. This means VA enrollment won't prevent a late enrollment penalty for Part B if you delay signing up past your initial enrollment period.

Here are some additional points to consider:

• While VA prescription drug coverage is creditable for Part D, it may not cover all the same drugs or have the same pharmacy network as a Part D plan. You may want to compare benefits to see which option is best for you.
• Even if VA coverage is creditable for Part D, some veterans may still choose to enroll in Medicare to have more flexibility in choosing doctors and hospitals.
• VA coverage vs Medicare benefits: VA healthcare primarily covers services at VA facilities. Medicare provides a wider range of coverage, including services from non-VA doctors and preventive care.
• Making the decision: It's generally recommended for veterans to enroll in Medicare, especially when they turn 65 (unless they have other creditable coverage like employer insurance). This ensures you have a broader safety net for your healthcare needs.

Here are some resources you might find helpful:

• VA and Other Health Insurance: https://www.va.gov/health-care/about-va-health-benefits/va-health-care-and-other-insurance/
• To learn more Click Here and a licensed agent will be in contact.