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Medicare Part D Drug Coverage

An older couple reviewing Medicare Part D prescription drug coverage with an insurance professional.

Medicare Part D helps cover prescription drugs. You can get it through a stand-alone Medicare drug plan or through many Medicare Advantage plans.

Compare the details that affect your prescriptions

  • Whether each medication is on the current formulary
  • Drug tiers and cost-sharing
  • Preferred, standard, and mail-order pharmacies
  • Prior authorization, quantity limits, or step therapy
  • Premiums, deductibles, and other costs

Read your Annual Notice of Change. For coverage beginning January 1, 2027, use verified 2027 formularies and plan documents when they become available.

Would you like help sorting through your choices?


Reviewed by BGA’s in-house compliance team. Last reviewed August 24, 2026. Effective year: 2027 coverage.

Official sources