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Medicare Part D - Prescription drug coverage
Pays covered prescription drugs
Important: Part D is optional. You get it by signing up with a private insurance company.
If you enroll in a Part C plan that includes prescription drug coverage, don’t also enroll in a Part D plan, because you’ll lose your Part C plan.
What will it cost?
- Part D requires a monthly premium for most people. The average premium is about $33 per month.
- You may also have copays and out-of-pocket costs.
- Need help paying for Medicare?
What does it cover?
- Prescription drugs
- If you have a Part C (Medicare Advantage) plan, it may already include prescription drug coverage.
- To find out which plans cover your drugs, go to the Medicare.gov Plan Finder (www.medicare.gov). Enter your ZIP code and your prescription drugs.
Important: Avoid lifelong penalties by enrolling in a stand-alone Part D plan during the initial enrollment period. Even if you don’t have prescribed medications now – enrolling may save you money in the long run.
If you already have drug coverage that’s as good as Part D, you won’t have any penalty if you decide to enroll in Part D later.
If you ’re covered by employer or retiree insurance and enroll in Part D, you risk permanently losing your coverage. Check with your current plan administrator before you make any decisions.
How can I enroll?
You must be enrolled in either Part A (hospital care) or Part B (doctor and outpatient care). Most people will have both Part A and Part B.
You can enroll by:
- Calling the plan directly;
- Calling 800-MEDICARE (800-633-4227); or
- Going to www.medicare.gov (www.medicare.gov)