Low-cost Medicare Part D plans may seem attractive, but restrictive drug lists can lead to unexpected expenses. Knowing the ...

Medicare Part D plans can seem cheap but may carry hidden costs. Know the limits to avoid unexpected expenses.

I was just prescribed a medicine that is not covered by my Part D plan because it is "not on their formulary." What does this mean, and what can I do? All Medicare Part D plan have formularies. Simply ...

Medicare Part D helps you cover the costs of your prescriptions. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...

Medicare Part D covers prescription drugs. Oftentimes, plans place drugs into tiers to help beneficiaries save money. Medicare Part D plans are provided by Medicare-approved private insurance ...

The Inflation Reduction Act (IRA) is anticipated to result in changes to Medicare beneficiaries' ability to affordably access their medications in the Medicare drug benefit. This can include changes ...

Medicare, the federal health insurance program designed primarily for adults age 65 and older, can seem like an alphabet soup of parts. Medicare Part A and Part B, also known as “original Medicare,” ...

Medicare enrollees looking for prescription drug coverage for the coming year may need to spend some extra time looking ...

The costs of Medicare Part D plans can vary based on location and provider. However, in 2024, the average monthly premium is $55.50. Other costs may include medication copays. Medicare Part D is the ...

With appreciation for feedback from Mark Fendrick, Director of the Value-Based Insurance Design (V-BID) Center at the University of Michigan, and Daneen Seekoni, Vice President of Policy and Advocacy ...