Medicare Part D Articles

What is a prescription drug plan formulary?

If you have a stand-alone Part D Prescription Drug Plan or a Medicare Advantage prescription drug plan from a private insurance company, you may assume that all your prescription drugs will be covered. One way to know in detail what prescription drugs your... Read more

How does Medicare Part D work with other insurance?

Medicare Part D Prescription Drug Plans If you are a Medicare beneficiary, or will be soon, you might be concerned about getting prescription drug coverage under Medicare Part D. Anyone who has Medicare coverage –Part A (hospital insurance) and/or Part B... Read more

What If I have Medicare and No Prescription Drug Coverage?

Do you have Medicare coverage, but no prescription drug coverage? You may be able to add prescription drug coverage through Medicare. This coverage is optional, but if you ever need it, it might save you money to sign up when you first get Medicare. Original... Read more

Can I have more than one Medicare Prescription Drug Plan?

Medicare Prescription Drug Plans help Medicare beneficiaries pay for medications prescribed by a doctor. This coverage is available to anyone who is eligible for Medicare, whether he or she is enrolled in Original Medicare (Part A and Part B) or in a... Read more

Medicare Part D: How Is It Funded?

The Medicare Part D prescription drug program is available to all 58 million Americans currently on Medicare, including seniors 65 and over as well as those under age 65 with disabilities or certain conditions that qualify them for Medicare coverage.... Read more

What does a formulary in a Medicare Part D Prescription Drug Plan mean?

Medicare requires that every private insurance company approved to offer Medicare Part D Prescription Drug Plans provide a certain minimum level of coverage. However, the individual companies have some flexibility in deciding which prescription drugs they... Read more

What kinds of out of pocket costs do Medicare Part D plans have?

If you’re like many Americans, you depend on prescription drugs to manage a physical or mental condition. Medicare Part D, available since 2006, is Medicare’s solution to prescription drug coverage. Medicare Part D is available through private insurance... Read more

What Can I do If My Medicare Plan Doesn’t Cover My Prescription Drug?

If you have Medicare Part D coverage for prescription drugs, either as a stand-alone Medicare Part D Prescription Drug Plan or through a Medicare Advantage plan with Part D prescription drug coverage, your plan might cover medications your doctor... Read more

Can I Delay Medicare Part D Enrollment?

If you’re approaching Medicare eligibility, especially if you’re in good health, you probably have questions about just how much health-care coverage you really need. For many people, enrollment in Original Medicare (Part A and Part B) happens... Read more

What is the Donut Hole?

Medicare beneficiaries can get Medicare Part D prescription drug coverage through either a stand-alone Part D Prescription Drug Plan or a Medicare Advantage Prescription Drug plan. In either scenario, Medicare Part D coverage of prescription drugs follows... Read more




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