Prescription Drug Plan

07_bigstock-Senior-couple-shopping-online--29623460You can’t get prescription drug coverage through Original Medicare. Stand-alone prescription drug plans are only offered by private companies that have a contract with Medicare to provide prescription drug plans. Each plan provides coverage for a specific drug list, called a formulary. Each Medicare Prescription Drug Plan has its own list of covered drugs (called a formulary).  Many Medicare drug plans place drugs into different “tiers” on their formularies. Drugs in each tier have a different cost. Choose your plan carefully to make sure it covers medicine you take regularly.

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