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How Medicare Plans Work

Medicare Prescription Drug Plans

Medicare Prescription Drug Plans are offered by insurance companies and other private companies approved by Medicare. They add coverage to:

With a Medicare Prescription Drug Plan:
  • Generally, you pay less for your prescriptions.
  • You will get a plan member card after you enroll. You use this card when you go to the pharmacy to get your prescriptions filled.
  • You will pay the copayment, coinsurance, and/or deductible, if any.

If you have limited income and resources, you may get extra help to pay for your Medicare drug plan costs.

If you want to compare Medicare Prescription Drug Plans, use the Medicare Prescription Drug Plan Finder.