Medicare Prescription Drug Coverage (Part D)

Prescription costs are a top concern for seniors. Understanding Medicare Part D — and how it works with Medicare Advantage — can save you thousands per year.

Part D with Original Medicare

If you stay on Original Medicare, you typically add a standalone Part D drug plan. Premiums and formularies (covered drug lists) vary by plan and zip code.

Part D included in Medicare Advantage

Most Medicare Advantage (Part C) plans bundle prescription drug coverage. You don't need a separate Part D plan — but you should still check that your medications are covered affordably.

Formulary tiers and copays

Drugs are grouped into tiers. Generic drugs usually cost less; brand-name and specialty drugs cost more. A licensed agent runs your medication list against each plan's formulary.

Donut hole and out-of-pocket cap

Medicare has phased in an out-of-pocket cap on Part D costs. A licensed agent explains what you'll pay for your specific prescriptions under each plan.

Compare drug coverage free

Bring your medication list to a free consultation. An agent compares every plan in your zip code for the lowest total drug cost.