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       What is Medicare Part D?
 

Medicare Part D is health care coverage that helps you pay for prescription drugs that you use. Original Medicare (Parts A and B) does not cover most prescription drugs. If you currently use prescription drugs or think you may need to in the future, you may want to enroll in a Part D plan. Part D plan enrollment is completely optional. But, if you don’t enroll in a Part D plan during your Initial Enrollment Period (IEP), you may have to pay a late enrollment penalty.

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      Am I Eligible For Part D?
 

Everyone who qualifies for Medicare is eligible for a Part D plan. You can enroll in a Medicare Part D plan through a private insurance company. There are also two ways you can be covered by Part D: enrolling in a stand-alone Part D plan or enrolling in a Medicare Advantage Part C plan that included Part D coverage.

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What To Consider When Choosing Part D?

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Every Part D plan has to meet the same basic requirements and guidelines created by the federal government. But, not all plans are the same. ​Each Part D plan has a list of drugs that it covers. That list is called a formulary. Before choosing a Part D plan, you should review the formulary to make sure your drugs are included. Plans also have different costs. You should check a plan's annual deductible, premiums, copays and coinsurance to see how much you'll likely pay. 

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