Prescription coverage
Medicare Part D Prescription Coverage
Part D helps cover outpatient prescription drugs. Coverage is available through standalone drug plans and many Medicare Advantage plans. Each plan has its own formulary and pharmacy network.
Compare your actual prescriptions
A low premium does not always mean the lowest annual cost. Check whether each medication is covered, its tier, restrictions, preferred pharmacies, deductible, and expected copays.
Avoid late-enrollment surprises
A late enrollment penalty may apply if you go without Part D or other creditable drug coverage after becoming eligible. Keep proof of creditable employer or union coverage.