Medicare Part D (Prescription Drug Plans)
Protect yourself from high medication costs. Let us find the plan that covers your specific prescriptions for the lowest total cost.
Review My PrescriptionsWhat is Medicare Part D?
Medicare Part D is standalone prescription drug coverage offered by private companies approved by Medicare. It helps cover the cost of prescription drugs and protects against higher costs in the future.
Who needs a standalone Part D plan?
- Anyone enrolled in Original Medicare and a Medicare Supplement (Medigap) plan.
- People who want to avoid the Part D late enrollment penalty (even if you don't take medications now).
How Paramount Helps You Choose
Total Cost Analysis
The lowest premium doesn't always mean the lowest cost. We calculate your premium + deductibles + copays to find your true lowest total cost for the year.
Pharmacy Network Check
We make sure your preferred local pharmacy (or mail order preference) is in-network for the plan you choose.
Annual Reviews
Part D plans change their formularies (drug lists) every year. We review your coverage every Annual Enrollment Period to ensure you're still on the best plan.
Why Get Your Drug Plan Through Paramount?
Copayments
We find plans with the best tier pricing for your drugs.
Penalty Risk
Avoid the lifetime Part D late enrollment penalty.
Pharmacies
Ensure your favorite local pharmacy is in-network.
Annual Review
We check your plan every year to save you money.
Drugs Not Covered Under Plan D
- Weight loss or weight gain drugs
- Any drugs for hair growth
- Fertility drugs
- Drugs for erectile dysfunction
- Any over-the-counter drugs
Types of Medicare Advantage Plans
There are five main types of Medicare Advantage plans to choose from: HMO, PPO, PFFS, SNP, and MSA. Each one offers different levels of flexibility, cost structure, and network access. Below is a quick breakdown of how each plan works so you can find the right fit for your healthcare needs.
Stop Overpaying at the Pharmacy
Let us run a free prescription drug analysis for you.
Get a Free Drug Plan Analysis