Formulary (pharmacy)

Why Compare Medicare Drug Plans

Ritalin

Image via Wikipedia

Part D Medicare made prescription drug coverage available to Medicare recipients. There are many part D plans and none are created by the government. Instead, the government approves private insurance companies to create a part D plan. Consequently, there are as many Medicare drug plans as there insurers. You need to compare plans to find the one that is the most cost-effective to you.

However, before we get into cost, you need to understand the drug formulary. The drug formulary is a list of drugs that the plans cover. The drugs in the formulary are covered at … Read the rest

Tags: , , , , , , , , , , ,

Posted in Health | Comments Off on Why Compare Medicare Drug Plans