Which Prescription Drugs are Covered under the Medicare Part D plans?

The list of prescription drugs covered by the Medicare Part D plans (or a Plan's Formulary) can vary plan to plan. However, every therapeutic category of prescription drugs will be covered under the Medicare Part D prescription drug plans.

Naturally, not every plan will cover each drug and Medicare beneficiaries must therefore choose a plan that best accommodates all of their personal prescription drug needs and financial situation.

More specifically, some plans will provide coverage for generic drugs, while other plans will focus on providing a wide range of name-brand prescription drugs. As noted, plan premiums will reflect the plan's coverage.

Many plans are using a "tiered" approach to their Prescription Drug List (also known as a Formulary). Specific drugs are in each Tier and will have a co-payment that increases with the level of Tier. Therefore, the co-pay for Tier 3 Drugs is higher than the co-pay for Tier 1 Drugs. Also, some plans reduce the amount of co-pay per Tier depending on if you purchase their Low, Middle, or Higher Premium Plan.

For Example:

Plan
Lower Premium Plan Middle Premium Plan Higher Premium Plan

Co-payment
Tier 1/2/3 $12 / $36 $5 / $20 / $53 $0 / $20 / $55

Premium per Month $20.07 $30.46 $44.47

Please contact us by clicking here, we can help you get the best plan tailored to your needs.

Contact Us, we can help!

Ask A Pro

Testimonials

"I was able to purchase the coverage for less money than before. Your agents are friendly." Mary O. Sanford, FL

"Easy to use website, no pressure selling and ability to compare health insurance plans with just a click." Jay D. Orlando, FL

"Instant quotes & fast personal service from an agent with out pressure to buy. Helped me pick the right plan for my family." Paula C. Naples, FL

Which Prescription Drugs are Covered under the Medicare Part D plans?

For Example: Plan Lower Premium Plan Middle Premium Plan Higher Premium Plan Co-paymentTier 1/2/3 $12 / $36 $5 / $20 / $53 $0 / $20 / $55 Premium per Month $20.07 $30.46 $44.47

For Example:

Plan
Lower Premium Plan Middle Premium Plan Higher Premium Plan

Co-payment
Tier 1/2/3 $12 / $36 $5 / $20 / $53 $0 / $20 / $55

Premium per Month $20.07 $30.46 $44.47