Prescription Drug Plans
Part D helps pay for the medications you take. The right plan depends on exactly which drugs you take and where you fill them.
By calling this number, you will be connected with a licensed insurance agent. Calls are answered by Dora or her office.
How it works
Part D coverage comes from private insurance companies approved by Medicare. You can get it as a standalone plan alongside Original Medicare, or as part of a Medicare Advantage plan.
Each plan has a list of covered drugs, called a formulary, sorted into tiers. Your cost depends on the tier, the pharmacy you use, and the stage of coverage you're in.
Part D has a yearly cap on what you pay out of pocket for covered drugs. The amount is set by Medicare and adjusted each year.
Good to know
- If you go without creditable drug coverage after you're first eligible, you may owe a late enrollment penalty for as long as you have Part D.
- The Medicare Prescription Payment Plan lets you spread your drug costs into monthly payments over the year.
- People with limited income and resources may qualify for Extra Help with premiums and copays.
- Formularies and pharmacy networks can change every January, so a plan that fit last year may not fit now.
Bring this list to your review
With these details, Dora can compare how each plan handles your specific prescriptions.
- Every medication you take, with the dose and how often
- The pharmacy you use now, or whether you'd consider mail order
- Any medications your doctor expects to add in the coming year
Talk it through with Dora.
Bring your questions, your doctors' names, and your prescription list. Dora will walk through your options with you, at no cost to you.
By calling this number, you will be connected with a licensed insurance agent. Calls are answered by Dora or her office.