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Medicare Part D is that part of Medicare that provides insurance coverage for most Medicare prescription drugs. In general, Medicare prescription drug coverage can be divided into three categories; inpatient prescriptions, Medicare Part B medications and Part D prescription drug plans. This article explores each in order to help you best understand Part D.
I have been helping people with their retirement and Medicare decisions since 1984. In that time, I have spoken with countless seniors of all ages, both new to medicare and those who have had Medicare in some form or another for years. I have witnessed or been privy to just about every Medicare horror story you can imagine. All of the stories are heartbreaking, and many were totally preventable.
The IRMAA monthly charge is an extra premium charged to higher income earners for their Medicare Part B (outpatient) and Part D (prescription drug) coverage.
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I have been helping people with their retirement and Medicare decisions since 1984. In that time, I have spoken with countless seniors of all ages, both new to medicare and those who have had Medicare in some form or another for years. I have witnessed or been privy to just about every Medicare horror story you can imagine. All of the stories are heartbreaking, and many were totally preventable.
Disclaimer: Medicare has neither reviewed nor endorsed this information. Not connected with or endorsed by the United States government or the federal Medicare program.
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