Choice for America's Seniors Act of 2006

Choice for America's Seniors Act of 2006 - Amends part C (Medicare+Choice) of title XVIII (Medicare) the Social Security Act (SSA) to provide for a six-month extension of the 2006 initial enrollment period for Medicare prescription drug plans and Medicare Advantage (MA) plans.

Amends SSA title XVIII part D (Voluntary Prescription Drug Benefit Program) to suspend the Medicare prescription drug late enrollment penalty during 2006.

Amends SSA title XVIII part C to allow changes of enrollment in Medicare prescription drug plans and MA plans twice during the year.

Amends title XVIII (Medicare) of the Social Security Act to prohibit removal of covered part D (Voluntary Prescription Drug Benefit Program) drugs from a prescription drug plan formulary, or imposition of a restriction or limitation on the coverage of such a drug, during the plan year: (1) except at the beginning; or (2) for an individual enrollee, from the date of enrollment until December 31 of the immediately succeeding plan year. Specifies exceptions to such prohibition.

Requires an advance notice before the time of each annual coordinated election period for a plan year of any changes in the formulary or other restrictions or limitations on coverage of a covered part D drug that will take effect for that plan year.