Medicare Part D Insurance
There are four parts to Medicare:
Medicare
Part A
Also called hospital insurance for individuals who are eligible for Medicare.
Medicare
Part B
Also called medical insurance, covers outpatient care.
Medicare
Part C
Commonly referred to as Medicare Advantage, is an alternative to Original Medicare.
Medicare
Part D
The prescription drug plan helps pay for medications doctors prescribe for treatment.
Medicare Part D
Medicare Part D is a prescription drug plan that helps pay for medications doctors prescribe for treatment. The prescription drug plan is required when you first go on to Medicare or you may pay a Late Enrollment Penalty later. Some Medicare Advantage Plans already have this benefit included. If not, you cannot have a Stand Alone Prescription Drug Plan and a Medicare Advantage plan at the same time. You can add a Stand Alone Prescription Drug Plan to Original Medicare and a Medicare Supplement or Medigap plan. Each prescription drug plan has their own list of medications or formulary. These plans are tier based and vary by carrier.
Disclaimer: We do not offer every plan available in your area. Currently we represent 16 organizations which offer 128 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.