Medicare Part D: What's It All
About?
If Medicare Part D is new to you, start here for a simple
explanation.
- Medicare
Part D is a government subsidized prescription drug coverage program
- Enrollment
isn't automatic – just because you are a Medicare recipient does not
mean you are enrolled in Medicare Part D.
- You
may choose to not enroll, but if you decide you want to join later, your
premiums will be higher.
- Anyone
who is eligible for Medicare is eligible for Medicare Part D.
- Part
D replaces Medicare – approved drug discount cards that were available in
the past.
- Medicare
Part D prescription drug plans are provided by private insurance companies
- Part
D plan costs and prescription coverage vary by plan.
- Healthline and its partner
allows you to compare online the costs and benefits of Medicare Part D plans
in your local area.
- Premiums
for Part D prescription drug plans are in addition to other Medicare
premiums (e.g., for Part B).
- The
total cost to you of the plan you choose will depend on what medications you use
- Ask
yourself these questions when evaluating the plans available to you:
- Does
this plan cover my current prescription medications?
- How
much will I pay out of pocket?
- What
are the monthly premiums?
- What's
my share of the costs of my prescription?
- Which
local pharmacies are in the plan?
You can use Healthline's Part D Plan Selector to find which plan might be right for you. Click here to learn more.
Print
