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, 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 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 ...

If you have a Medicare Part D prescription drug plan and take one or more brand-name medications—especially, expensive ones—there’s a very good chance you’ll run into trouble getting it covered. Even ...

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 ...

Millions of Americans are on Medicare, yet there is no denying the fact that it can be a bit confusing. We know that Medicare is the federal health insurance for Americans age 65 years and older, as ...

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 ...