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On January 1, 2006, Medicare beneficiaries became eligible for a new Medicare approved prescription drug benefit – Medicare Part D. The University of Texas System continues to offer your current prescription drug benefit, and enrollment in Medicare Part D will have a negative financial impact for most UT participants. UT strongly urges you NOT to enroll in the Medicare Part D program. UT is committed
to providing your prescription drug coverage now and in the future and to helping you
make informed choices about your prescription drug benefit. For a relatively small
amount of very low-income retirees, enrolling in Medicare Part D may save money if the
retiree also qualifies for a “low income subsidy” provided as part of the Medicaid Part D If you choose to enroll in a Medicare prescription drug plan, you will not be eligible for another policy that offers prescription drug coverage. You can keep your UT prescription drug policy only if you do not enroll in the Medicare Part D. You may find additional information about the Medicare Part D program at www.cms.hhs.gov/medicarereform. |


