Does Medicare Cover Prescription Drugs?
Yes, through Medicare Part D. Part D is a separate prescription drug plan you can add to Original Medicare, or you can get drug coverage through a Medicare Advantage plan that includes Part D.
Frequently Asked Questions
- Do I have to get Part D?
- Part D is optional, but if you don't have creditable drug coverage and delay enrollment, you'll face a permanent penalty when you do enroll.
- Are all drugs covered by Part D?
- Each plan has a formulary of covered drugs. Some drugs may not be covered, or may require prior authorization or step therapy.
- Can I change Part D plans?
- You can change Part D plans during Medicare Open Enrollment (October 15 – December 7) each year.