Medicare Part D - Perscription Drug Plans

Beginning January 1, 2006, new Medicare prescription drug plans will be available to people with Medicare. Insurance companies and other private companies will work with Medicare to offer these drug plans. They will negotiate discounts on drug prices. These plans are different from the Medicare-approved drug discount cards, which phase out by May 15, 2006, or when your enrollment in a Medicare prescription drug plan takes effect, if earlier.

Medicare prescription drug plans provide insurance coverage for prescription drugs. Like other insurance, if you join you will pay a monthly premium (generally about $40 in 2010) and pay a share of the cost of your prescriptions. Costs will vary depending on the drug plan you choose.

Below, you'll find guides developed by PharmaCare to assist you in determining how Medicare's prescription drug plans affect you.




Questions?

If you have any questions not answered on this page, please contact the PharmaCare Medicare Part D Plan Coordinator by sending an e-mail to medicared@3ipc.com.