Medicare Part D Plans
Medicare Part D adds prescription drug coverage to Original Medicare or some Medicare Advantage plans. Choosing the right plan can save you hundreds of dollars per year on your medications.
How Part D Works
Part D plans are offered by private insurers approved by Medicare. Each plan has a formulary — a list of covered drugs — organized into tiers that determine your cost-sharing. Premiums, deductibles, and copays vary by plan.
Avoiding the Coverage Gap
The Medicare Part D coverage gap (formerly called the 'donut hole') is a temporary limit on what the drug plan will cover. Once you and your plan have spent a certain amount on covered drugs, you may pay a higher share of costs until you reach catastrophic coverage.
Choosing the Right Plan
The best Part D plan depends on the specific drugs you take, your preferred pharmacy, and your budget. We compare plans available in your area against your current medication list to find the most cost-effective option.
We do not offer every plan available in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Assistance Program (SHIP) to get information on all of your options.
Ready to Learn More?
Our independent advisors are here to answer your questions and find the right coverage for your needs.