If a drug you need is not covered, you may request a formulary exception. For example, if your plan stopped covering your ...

Medicare Part D covers prescription medications. Costs vary depending on certain coverage phases, including catastrophic coverage. As of January 1, 2025, the Medicare Part D phase, known as the ...

Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.

Discover what Medicare Part D covers and what it costs, including premiums, deductibles and copays.

About 68.5 million Americans are currently enrolled in some type of Medicare plan, with about 90% of enrollees being over age 65, according to the Centers for Medicare & Medicaid Services.

Understanding eligibility requirements for Medicare Part D helps ensure you get the best coverage possible for your prescription drug needs. We explain what you need to know to select a plan that ...

Check your plan’s formulary (for Part D) and Part B coverage rules. Consider working with a Medicare-savvy pharmacist or agent if you take specialty drugs.

Medicare Part D prescription drug coverage and Medicare Advantage participants will likely pay less than last year for their prescription drug coverage and plan costs.

Select which plan you wish to enroll in by checking either Medicare Advantage or Medicare Part D (stand-alone). Your current enrolled plan will show up first with the 2025 premium.

In 2024, you reach the donut hole stage when your total drug costs reach $5,030. That includes what you and your plan have paid for your medications. All Medicare prescription drug plans, including ...

Keep in mind that each Medicare Part D plan and Medicare Advantage plan that includes prescription drug coverage has its own formulary.

My Medicare Part D premium is increasing — what should I do? Many Americans need to change their Part D plans because of rising premiums or because their plan is no longer in Medicare’s network.