Understanding Part D Coverage and Costs

Medicare Part D prescription drug coverage may just be the most confusing part of Medicare, but it’s getting easier starting in 2025.  Estimating your annual prescription drug costs goes beyond just looking at the monthly premium of your plan. Part D costs also depend on: Below we explain more about these factors so you can…

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What if a Medication is Not Covered by your Part D Plan?

Medicare Part D is a prescription drug insurance plan for people with Medicare provided through private insurance companies that contract with the federal government. Eligible individuals can choose to enroll in either a stand-alone prescription drug plan (PDP) or a Medicare Advantage plan that provides Part D prescription drug coverage (MAPD).  Every Part D plan has…

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