Prescription Drug Plans

Prescription drug insurance is available as a stand-alone plan. It works similarly to medical insurance: You pay an annual premium (a deductable may apply) and then have a copay or coinsurance cost at the pharmacy. The most well-known type of prescription stand-alone plan is known as Medicare Part D.

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This is an advertisement. Not all plans offer all of these benefits. Availability of benefits and plans varies by carrier and location. Deductibles, copays, coinsurance, limitations, and exclusions may apply. Enrollment in the described plan type may be limited to certain times of the year unless you qualify for a Special Enrollment Period.