Medicare Part D

What is Medicare Part D?

Medicare Part D offers prescription drug coverage to everyone with Medicare. To get Medicare drug coverage, you must join a Medicare Part D plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and the covered drugs.

There are two ways to get Medicare prescription drug coverage:

  • Medicare Prescription Drug Plans. These plans add drug coverage to Original Medicare, some Medicare Cost Plans, some Medicare Private Fee-for-Service Plans, and Medicare Medical Savings Account Plans.
  • Medicare Advantage Plans (like an HMO or PPO) or other Medicare health plans that offer Medicare prescription drug coverage. You get all of your Medicare Parts A and B coverage, and prescription drug coverage (Part D), through these plans.

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Medicare Insurance Blog

The Medicare Annual Election Period

The Medicare Annual Election Period, also known as the Medicare Fall Open Enrollment or AEP, is the time of year for Medicare beneficiaries to review and adjust their Medicare coverage. The Annual Election Period runs from October 15 to December 7 each year, with any...

Medicare supplement plans can often be a better value

Medicare supplement plans, also known as Medigap plans, offer additional coverage to fill the gaps left by Original Medicare. On the other hand, Medicare Advantage plans, also known as Part C plans, are all-in-one alternatives to Original Medicare that are offered by...

Kaiser Health News

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