MODULE 1

Lesson 1 - Medicare

Part D - Prescription Drugs

  • Part D (prescription drug coverage):
    • Helps cover the cost of prescription drugs (including many recommended shots or vaccines)
    • Run by private insurance companies that follow rules set by Medicare
    • May help lower your drug costs and help protect against higher costs in the future

 

  • Part D Premium
    •  The Part D monthly premium varies by plan (higher-income consumers may pay more).
    • Called a Part-D Income Related Monthly Adjustment Amount (IRMAA)