Medicare Part D is a prescription drug plan offered by marketplace insurance companies to cover those with many prescription medications. Read below to see if Part D is for you.
This program is optional, but if you don’t enroll in Part D when you’re first eligible and attempt to enroll later on, you may face a penalty fee. Consult with us to see if your medications would be cheaper with a Part D plan.
Medicare Part D plans cover a wide range of prescription drugs, including:
Medicare Part D plans have monthly premiums, deductibles, and copayments. The costs can vary depending on your chosen plan, the drugs you take, and the pharmacy you use.
The government provides some financial assistance to those who have limited incomes and resources through the Low-Income Subsidy (LIS) program. If you qualify for LIS, you may pay lower premiums, deductibles, and copayments.
