The Basics of
Medicare Explained
Watch the video below to learn more about Medicare and Medicare-related insurance plans.
golong medicare Part B, AARP United Healthcare Medicare Supplement, Medicare Part B Supplemental Insurance

Prescription Drug Coverage (Also known as
Part D)

If you have Medicare Parts A and/or B, Part D plans can be purchased separately to help cover your prescription drug costs. These plans are offered by Medicare-approved private insurers – so costs and covered drugs vary from plan to plan.

Medicare Part C (Medicare Advantage) More about Part D
  • Part D works with a Medicare supplement insurance plan, or on its own
  • You can also get Part D benefits through some Part C plans

Each year, Part D Pays:

  • Covered prescriptions included on the formulary (a list of covered drugs based on the plan selected)
  • Varying shares of other covered prescription costs until you reach the coverage gap
  • Most of the other covered prescription costs after you are out of the coverage gap

Each year, you Pay:

  • Monthly premium
  • Varying shares of covered prescription costs, until you reach the coverage gap
  • Varying shares of the cost of generic and brand name drugs while in the coverage gap
  • Low or zero copays or coinsurance for prescription drug costs, after you are out of the coverage gap

Take a look at the next page to learn how Medicare supplement insurance plans could help you pay for some out-of-pocket expenses not covered by Medicare.