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Prescription Drug Plans

They reviewed my medications and advised the best provider for me based on plan cost and medication costs.

Medicare drug coverage is an optional benefit to help pay for prescription drugs you need to anyone with Medicare coverage. This coverage is highly recommended even if you’re not taking prescription drugs today. It’s essential to enroll in this type of coverage when it becomes first available to avoid any late-enrollment penalties that you’ll be responsible for after open enrollment. This type of coverage is included in Medicare Part D.
Medicare Part D coverage is designed to cover most outpatient prescription drugs. Part D is offered through third-party insurance companies and can be purchased as a stand-alone product or included in your Medicare Advantage Plan. This type of coverage is required to all available to receive it and it can vary based on the state in which you reside.

Each Part D Plan has a list of covered drugs (called formulary) and if your drug is not on this list, you can request an exception or appeal – otherwise, you’ll pay out-of-pocket. The drug categories in Part D are broken down into similar symptoms or having similar effects to the body. The Part D Plans must have at least two drugs from most categories but also cover all drugs available in the following categories: antidepressants, antipsychotics, anticonvulsive, anticancer, HIV/AIDs, and immunosuppressant drugs. Most vaccinations are also covered under Plan D except for vaccines that are covered under Plan B.

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