Senior Care Solutions


Medicare Part D (Prescription Drug Insurance)

What is Medicare Part D:

Medicare Part D prescription drug coverage often referred to as Part D, is provided and coordinated by Medicare-approved private insurance companies.

What’s covered in general under Part D:

Each Medicare Prescription Drug Plan has its own list of covered drugs (called a formulary). Many Medicare drug plans place drugs into different “tiers” on their formularies. Drugs in each tier have a different cost. A Medicare drug plan can make some changes to its formulary during the year within guidelines set by Medicare. If the change involves a drug you’re currently taking, your plan must Provide written notice to you at least 60 days prior to the date the change becomes effective

Who is eligible for Part D:

Any beneficiary who is eligible for Original Medicare, Part A and/or Part B, and permanently resides in the service area of a Medicare Prescription Drug Plan, can sign-up for Medicare Part D. Medicare Part D coverage is optional, but if you don’t enroll in Part D as soon as you’re eligible, you might pay a late-enrollment penalty if you enroll later.

How much does Part D cost:

  • Monthly Premium: Part D premiums range from $10-$100 per month (depending on the plans available in your area and on the particular plan you choose).
  • Part D Deductible & Coinsurance: The maximum deductible, the amount you must pay out-of-pocket before Medicare will contribute to your prescription costs, in 2017 is $400. After you meet the deductible, Medicare will pay roughly 75% of your prescription costs.

Contact Senior Care Solutions

Our Office Locations

2300 Lakeview Parkway Suite 700 Alpharetta, GA. 30009

Our Alpharetta Office

125 Townpark Dr. NW Suite 300 Kennesaw, GA. 30144

Our Kennesaw Office

Call us at 678-792-5855

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