Prescription Drug Coverage

Medicare Part D helps beneficiaries pay for their retail prescription drugs. The outpatient coverage is provided through private insurance companies that contract with the government. Before you decide on a Medicare drug plan, talk to Meservey & Associates. Note that the formularies can change at any time.

What Drugs Are Covered?

Medicare Part D plans cover vaccine drugs when they’re necessary to prevent illnesses. Besides that, you’ll have a formulary (list of covered drugs) that’s unique to your plan. 

Every plan covers all (or nearly all) prescription drugs in these categories:

• Antidepressants
• Anticonvulsants
• Antipsychotics
• HIV/AIDS drugs
• Anti-cancer medications
• Immunosuppressants

Any weight-loss drugs or fertility medications are not typically covered. 

About Drug Plan Tiers

To lower costs, many plans put drugs into various tiers (levels) on their formularies. Every plan can divide its tiers differently. In general, tier 1 drugs will be your lowest copayment because they’re the most generic. The fourth or “specialty” tier is usually the highest copayment because they include expensive brand-name drugs.

Find the Right Drug Plan

Part D may sound simple, but it’s probably the most complicated part of Medicare. There are many Medicare drug plans available in Georgia — some of which are separate or “standalone” plans. You can also look for a Medicare Advantage plan that includes prescription drug coverage, called an MAPD. Working with an independent agent can save you time, instead of having to shop multiple carriers for different quotes. We’ll do the hard work for you!

If you’re 55 and older, you’re likely taking cholesterol and blood pressure meds. Our brokers can help you find the right plan that covers the medications you take. 

We’re the Insurance Experts You Can Trust

At Meservey & Associates, we know the ins and outs of insurance. We are your experts – we can pinpoint the right insurance policy for you. It can be health insurance. It can be life insurance. Either way, you’ll have the best coverage specific to you. 

You can be sure of one thing: you will have the right policy. We are not going to overcharge or try to sell you on a plan that fits some agenda. We don’t have ulterior motives. You matter to us. You’ll receive good, honest insurance that will cover your healthcare costs and spare your family from exorbitant funeral expenses.

Call us today to make an appointment so we can help you find the right insurance plan for your needs.