Medicare Part D (Prescriptions)
What is Part D?
- Standalone plan with Original Medicare only
- Combined plan with Medicare Advantage
Part D allows Medicare beneficiaries to simply pay a co-payment or a fraction of the prescriptions’ costs. You will have a separate insurance card specifically for Part D in addition to your Medicare insurance card. Medicare also tracks the total out-of-pocket costs you are spending each year. You are eligible if you have Medicare Part A or Part B and live in the service area for the plan.
Pros:
Cons:
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