Medicare.gov: the official U.S. government site for Medicare

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Source: medicare.gov

Medicare prescription drug benefit (Part D)

is optional (though recommended to avoid incurring future penalties) and only allowed during approved enrollment periods. Whether you should sign up for a Medicare Part D plan depends on your circumstances. Some people already enrolled in certain low-income assistance programs may be automatically enrolled in a Medicare drug plan and receive additional financial assistance paying for their medicines.
Source: medicareinteractive.org

Compare Medicare Part D Prescription Drug Plans

Keep in mind that just as costs can vary by plan, Medicare plans that include prescription drug coverage may also vary when it comes to the specific prescription drugs they cover. An easy way to make sure that your current medications are covered is to check the plan’s formulary (list of covered medications) before enrolling in a Medicare plan that includes prescription drug coverage. Keep in mind that formularies are subject to change. Your Medicare Prescription Drug Plan or Medicare Advantage Prescription Drug plan will notify you if necessary.
Source: ehealthinsurance.com

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