Medicare Part D
Do you regularly take prescriptions but feel as if you don’t have the coverage you need to cover them? We can help find coverage that works for you!
Medicare Part D is the prescription drug coverage component of Medicare. You can buy Part D as a standalone option with Original Medicare, or it can be included as an added benefit with Medicare Advantage.
What Does Part D Cover?
Each Part D plan has a list of specific drugs it covers, and they must cover at least two drugs in each class. Part D plans must also include coverage for all of these specific drugs:
The exact list of drugs that a Part D plan covers is called a formulary. Knowing a plan’s formulary is important in deciding if a Part D plan meets your coverage needs.
- Compare Options
- Estimate Your Savings
- Help You With Enrollment
Part D Tiers
To keep your prescription drug costs low, most Part D plans will distribute the prescriptions they cover into tiers. The lowest tier will typically cost less than a higher tier.
Here is an example of what a Part D tier structure can look like:
Need Prescription Drug Coverage? Get In Touch Today!
At DDS Insurance Advisors, we will get you the prescription coverage you need. To learn more about Medicare Part D, reach out to us today.
