SchwabInsurance Group

Part D Prescription Drug Plans

Make sure your medications are covered before you enroll.

Who needs Part D?

If you have Original Medicare, with or without a Supplement, you will generally need a stand-alone Part D plan. Many Medicare Advantage plans already include drug coverage.

What we compare

  • Whether each of your medications is on the plan’s formulary
  • The tier and copay for each drug
  • Preferred and in-network pharmacies, including mail order
  • Monthly premium and deductible

Avoid the late penalty

If you go without creditable drug coverage once you are eligible, you may pay a permanent late enrollment penalty added to your premium. Enroll on time, even if you take few medications today.

Plans change every year

Formularies and prices are updated each January. Reviewing your plan during Annual Enrollment (October 15 to December 7) is the best way to avoid surprises.

Not sure which plan fits? Let us compare them for you.

There is no cost to talk it through. We will review your doctors, prescriptions and budget, then explain your options in plain English.