TRICARE for Life (TFL) offers a pharmacy program that provides creditable drug coverage. This means that if you are enrolled in the TFL pharmacy program, you can delay Part D enrollment without incurring a late enrollment penalty (LEP). Be sure to compare the costs and benefits of Part D and your TFL pharmacy program to decide which best suits your needs.
If you are eligible for Extra Help, you may want to consider enrolling in Part D. The drug copayments for individuals who have Part D and Extra Help are typically lower than copays in the TFL pharmacy program. However, TFL’s formulary may be broader than the formularies of Part D plans offered in your area. You may also want to keep TFL’s pharmacy program if the plan covers your drugs with no or fewer coverage restrictions than available Part D plans. The TFL pharmacy program may also cover medically necessary drugs not on its formulary for a higher copay.
If you enroll in both Part D and TFL’s pharmacy program, Part D is the primary payer for your prescription drugs.