What Does Medicare Part D Cost With Medicare?

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   Ted Ratliff

   Owner, SFS Associates,

   Part D is prescription drug coverage offered through private health insurance under the oversight of Medicare.  Each plan has a different premium, the average being around $35. Do not select a Prescription plan solely on price.  Each plan has a formulary.  Depending on the drugs you are on a plan may or may not be right for you.  One expensive drug not covered in a formulary will wipe out any savings on premium.  Make sure your drugs are covered by the plan.

   Answered on May 20, 2013

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