According to the Kaiser Family Foundation, prescription drugs are a part of the care plan for 59 million seniors and people with disabilities. What’s more, the drugs account for $1 of every $6 in Medicare spending.
Private companies offer Part D plans in accordance with Medicare guidelines.
Most Medicare Plan D members pay a monthly premium, which varies by provider. To participate in a Part D plan, you must live in the plan service area. Whether you select a stand-alone Part D plan or go with a Medicare Advantage plan, you must have Part A and/or Part B in order to join.
YourMedicare.com takes pride in providing you as much information as possible concerning your Medicare options, but only a health insurance broker licensed to sell Medicare can help you compare your plan options from various insurance companies. When you’re ready, we recommend you discuss your needs with a YourMedicare.com Licensed Sales Agent.