Prescription Drug Plans
Medicare drug plan can make changes to its formulary, it is imperative to review your coverage yearly.
Prescription Drug Plans (Part D)
To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare.
- Each plan can vary in cost and drugs covered.
- Each Medicare Prescription Drug Plan has its own list of covered drugs (called a formulary).
- Medicare drug plans place drugs into different “tiers” on their formularies.
- Drugs in each tier have a different cost. A drug in a lower tier will generally cost you less than a drug in a higher tier.
Since a Medicare drug plan can make changes to its formulary, it is imperative to review your coverage yearly.
Get A Quote
My clients get an annual review to make sure their plan fits their needs.
Late Penalty
If you are not enrolled in a Medicare Prescription Drug Plan (Part D) on its own, through a Medicare Advantage Plan (Part C) (like an HMO or PPO) or other work, VA prescription drug coverage, you’ll likely pay a late enrollment penalty.
- This penalty is lifetime and can up to a substantial amount. Contact us to learn more about the right Medicare plan for you.
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About The Products
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Medicare
Medicare is a federal health insurance program for people aged 65 or older and certain younger individuals.
Medicare Advantage Plans
Medicare is a federal health insurance program for people aged 65 or older and certain younger individuals.
Medicare Supplement Insurance
Medicare is a federal health insurance program for people aged 65 or older and certain younger individuals.
Learn More About Medicare
If you’re looking for an affordable Medicare Plan with the best coverage it’s time to speak with me.
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