How to Choose a Stand-Alone Medicare Part D Plan
What to look for in a part d plan, and how to find a good plan fast.
You can enroll in Part D coverage either through a stand-alone Part D Plan or a Medicare Advantage plan. There is no overall ‘best’ Part D plan on the market. You are looking for the one that is best for you. That means finding the plan that will cover all of your prescriptions for the least amount of money per year.
Don’t bother trying to figure this out by looking through the benefits document for each plan. With so many options, it’s just not practical to do this comparison by hand.
That’s why Medicare created an online tool called the ‘Medicare Plan Finder’. With the plan finder, you can input your drug list once, and then automatically calculate total drug costs for both MAPD and stand-alone Part D plan.
Use the plan finder to start your search, then go back and double check the math for your top few choices. The plan finder has been known to make mistakes.
link to plan finder: https://www.medicare.gov/find-a-plan/questions/home.aspx
Here’s how I recommend you use the Plan Finder:
Make a list of Part D plans in your area
Remove plans that don’t cover all of your prescriptions
Remove plans that don’t have a convenient in-network pharmacy
Remove plans that have below a 3.5-star rating
Compare the top three plans you have left side by side and choose a winner!
Let me do the work for you:
Medicare Part D Plan Quote Request Form (Free)
Fill out the form below and I’ll let you know which Part D plans cover your prescriptions at the lowest price.