Print This Article

What is Medicare Part D?

Medicare Part D was created as part of the Medicare Prescription Drug, Improvement and Modernization Act of 2003, with an effective date of January 1, 2006. It is designed to subsidize the cost of prescription drugs for Medicare beneficiaries in the United States.

Medicare Part D was estabilshed as part of the Medicare Prescription Drug Improvement and Modernization Act of 2003 (MMA) and provides assistance paying for prescription medications. Most Medicare drug plans (Medicare drug plans and Medicare Advantage Plans with prescription drug coverage) have their own list of what drugs are covered, called a formulary. Medicare .gov has a tool you can use to determine which drug plans cover your prescription drugs. Also, some people qualify for extra assistance paying for prescription drugs. The application for extra assistance paying for prescription drugs is at: https://secure.ssa.gov/i1020/start

OTHER RESOURCES

Start Here

Enter your name and email address to keep up with what’s new at EZ Elder Law!

  • This field is for validation purposes and should be left unchanged.

[Return to Top]