Skip navigation
   Other Topics: A B C D E F G H I J K L M N O P Q R S T U V W XYZ All Topics

Medicare Prescription Drug Coverage

 

 
 

Medicare prescription drug coverage is insurance that helps people pay for prescription drugs at participating pharmacies. It is available to everyone who has Medicare. It provides protection if you pay high drug costs or have unexpected prescription drug bills. It doesn't cover all costs. You have to pay part of the cost of prescription drugs. Most people also have to pay a monthly premium and a yearly deductible for the coverage.

Private companies provide Medicare prescription drug coverage. You choose the drug plan you like best. Whether or not you should sign up for the coverage depends on how good your current coverage is. You need to sign up for coverage as soon as you are eligible for Medicare. Otherwise, you might have to pay a penalty.

Centers for Medicare and Medicaid Services

 

 

 
 
Basics Learn More Multimedia & Cool Tools

 

 
Research Reference Shelf For You
  • No links available

 

 

 

Photograph of a pill organizer containing pills

Languages

 

 

 

Medicare Prescription Drug Coverage - Multiple Languages