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Medicare Part D

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Medicare Part D

Medicare Part D Prescription Drug Plan Comparison Sheet

Click here to download our helpful prescription drug plan comparison sheet.

In order to use this chart properly, please follow these few instructions:

  1. Obtain your COMPLETE medication list from your pharmacy. Remember to include everything you get at the pharmacy such as creams, ointments, inhalers, patches, eye drops, etc – not just tablets or capsules. If you go to multiple pharmacies, make sure to get lists from those stores as well.
     
  2. It will also be quite helpful if you get the “cash” price for all the medications you are taking. Your pharmacist is able to do this – just make sure you ask for the actual price of the medications, not what you pay for them with your current drug plan. This will help you figure out how soon you will meet the deductible, how long it will take you to reach the “donut hole”, and how long you will be in the “donut hole.” Also, by knowing how much your medications cost per month, you will be able to find out how much you will save with a Medicare Part D Prescription Drug Plan.
     
  3. Once you have obtained this entire information fill in all your medications underneath “My Medications” on the chart.
     
  4. Now you are able to find out which plans cover your medications. You can do this in one of four ways:
    a. Call their 1-800 numbers and ask the representative.
    b. Visit their website to obtain a list of the drugs they cover – use that list to see if the medications you use are on that list.
    c. Visit www.medicare.gov and use the Formulary Finder.
    d. Call their 1-800 numbers and ask the representative to send you the list of medications they cover in the mail.
     
  5. If you find out that your drug is covered – check the corresponding box underneath the plan that covers that particular medication. Once the chart is filled out, you can then pick a plan or several plans that best suit your situation based on the following characteristics:
    a. Whether or not they cover your medications
    b. The premiums
    c. The deductibles
    d. The co-pays or co-insurances
    e. Whether or not they offer help during the “donut hole” or coverage gap.

If you need help or if you have any questions DON’T BE AFRAID TO ASK!! This whole process is confusing and we are all here to help you through it. Below you will find several avenues for you to take if you do need help.

Contact your local SHIP volunteer
1-800-MEDICARE (1-800-633-4227)
TTY 1-877-486-2048
RI Dept of Elderly Affairs
(401)462-4000
TTY (401)462-0740
Social Security Administration
1-800-772-1213
TTY 1-800-325-0778
www.ssa.gov


 

 

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