How to Pick a Medicare Part D Prescription Drug Plan

Medicare is an important federal program designed to provide participants with low-cost access to comprehensive medical care. One of the most important components of Medicare coverage is known as Part D. This portion has been specifically designated to provide Medicare recipients with prescription drug coverage. Medicare participants must pick a specific plan to get coverage. Over 40 options are available. The right one can help you save money and cover all necessary medications.

Things You'll Need

• Medicare card
• Names and dosages of all current medications

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Instructions

• 1

  Gather all personal material before you begin your search. You should have your Medicare card with you, as well as the names and dosages of any medications that you are currently taking. If the medication is a generic drug, double check any other names the medication is known by with your doctor or pharmacist. You should know the exact amount of the medications. Make sure that all medications are equal. A doctor might prefer that you take a name brand because it has specific benefits over a generic version.

• 2

  Visit the Medicare website. You'll see the site divided into sections. Look for the link to Part D. This will take you to the area that provides information about the Medicare Part D plans. Click on the section of the website under the heading compare Medicare Drug Plan Finder. You can chose to provide your zip code only or more personalized information that includes your Medicare number and full name. Putting in your zip code can be a good way to start if you want to get a generalized feel for the process. Click on the heading find plans at the bottom of the page.

• 3

  Fill out questions about your current coverage. If you don't know the answers to these questions you can always call your doctor or Medicare representative for help and come back the page later.

• 4

  Enter a list of drugs. You will be asked for a list of drugs that you are currently taking. You don't have to fill out this field but it will help you narrow down your options and decide which one makes the best financial sense. If you can't remember a specific drug, you can always return to the page later and fill it in. You can also save searches when you return.

• 5

  Select from a list of pharmacies. A pop up will show up indicating a list of pharmacies in your area. You can add different pharmacies as well if you want. You can also skip to the next step.

• 6

  Continue to plan results. You'll be given a list of possible plans in your area that match your needs and situation.

• 7

  Compare the list of plan results. The last screen will tell you important information about the Medicare Part D prescription plans available to you including anticipated annual costs, monthly premiums, deductibles, co-pays and any restrictions on the plans. Print out a list of each plan. This will include contact information. After taking the time to compare each plan, you can get in touch with plan officials and begin the sign-up process.