Is There Any Payment Help for My Prescription Drug Costs?

If your income and assets are below a certain level, you may qualify for Extra Help, also known as Low-Income Subsidy (LIS), a federal assistance program that helps pay for prescription drug costs. How much you pay for your prescription drugs and monthly premium...

When Do I Sign Up for Part D Prescription Drug Plans?

In order to sign up for Part D, you must already be enrolled in Medicare Part A (hospital insurance) or Part B (medical insurance) and live within the plan’s service area. You can sign up for Part D for the first time during: Your Initial Enrollment Period (IEP). The...

What Are the Phases for the Part D Prescription Drug Plans?

Throughout the year you may notice that you are paying different amounts for your drugs. This is because Part D plans have coverage phases throughout the year, during which you pay different amounts for your covered prescription drugs. These coverage phases are: The...