How do I compare Part D plans to minimize costs for a mix of generic and specialty drugs?

Question

Michelle Sparks · Accepted Answer

You can always reach out to a professional broker for help in comparing Part D plans. Or, you can go directly to Medicare.gov and click on Health and Drug Plans in the upper right hand corner of the homepage. Then click on compare health and drug plans and enter your zip code. It will allow you to enter all of your prescriptions drugs and compare all available plans in your zip code. The comparison will also show what your monthly costs will be for each prescription. Don't hesitate to call for additional help!

Answered by Michelle Sparks on March 31, 2025

Broker Licensed in KS, MO & TX

Answered by Michelle Sparks Medicare Insurance Agent

Daniel Brechin · Answer

I will be able to assist with that.    If you need assistance I am always a call from you.  Danny Brechin

Nick Mangini · Answer

You can talk to an agent who is familiar with the Part D drug plans and how to compare them. You also can go to Medicare.gov and compare them on your own. You should always plug the drugs into the system and look at the overall total cost on the year.

Answered by Nick Mangini on August 24, 2025

Broker Licensed in FL, AL, AZ & 31 other states

Answered by Nick Mangini Medicare Insurance Agent

Tom Rogala · Answer

Complete my survey including drug list and dosge.  I can shop all drug plans by total cost 
(premium, deductible and copays)

Steven Bleicher · Answer

Since about two years ago, the investigations of Part D(rug) plans have become much more complicated. There are various ways to decide which plan(s) to choose from. Here they are:

A) When you or your agent go to the medicare.gov website in the area of drug & health plans, you will input the name, dosage (use the drop-down menus) & frequency of each drug that was prescribed to you. However, please bear in mind that Brand Name drugs (every single TV advertisement is for a "B.N." drug) are very expensive. So, in the compilation of your drug list, you might not include the B.N. drugs. See below.

B) Once your list is completed, since the website previously asked for your zip code, you'll then pick your 4 favorite local pharmacies along with the default on the Mail Order division. Once all 5 are chosen, click the button & print out the 2 pages of comparisons between the top three plans in your area. Do NOT pick a plan with less than 3 stars beneath its name. Note that the print-out shows your 3 plans & each show the copay cost for every drug entered by the month & by the year.

C) This comparison yields your best choice. The plan could have no monthly cost at all or it could show a small premium. Be sure you decide not only based on the monthly premium but on the overall annual copay costs for all of your prescriptions.

D) With Brand Name drugs, there is an alternative. That is, the option lies in going to both the US & Canadian discount online websites. There are many including www.goodRx.com, www.costplusdrugs.com, Canadian Medstore, pharmacychecker.com, simplecare.com, etc. Please be advised that the Medicare rules state that you will not pay more than $2,000.00 per year for ALL of your prescribed drugs. However, the big caveat is that by purchasing from Canada, those costs will NOT be added to the max out-of-pocket of $2,000.00, I'm sorry to say. So, you must do the math in deciding if it pays to buy via the cheaper Canadian costs or not, over an entire year.

Barbara Barnes, CMIP® · Answer

Your best option is to work with a professional Medicare insurance agent to get assistance with your part D plan recommendations. Your agent will prepare a comprehensive list of your medications and compare the coverage for those medications between different plans and pharmacies. You can also do this yourself, if you prefer, by going to www.medicare.gov and using their plan Finder tool. Be sure to read all of the disclaimers about step therapy, prior authorizations, and plan, limitations and exclusions. Only medications that are covered on your plan’s formulary will be included in the maximum out-of-pocket benefit.

Answered by Barbara Barnes, CMIP® on July 16, 2025

Agent Licensed in PA

Answered by Barbara Barnes, CMIP® Medicare Insurance Agent

Michael Yost · Answer

You can compare drug plans on www.medicare.gov. You can also work with an independent broker (someone like us) to help you compare many options. It's important to meet with an independent broker each year to review your prescriptions since drug plans and formularies can change each year.

Answered by Michael Yost on May 12, 2025

Broker Licensed in OH, AL, AZ & 27 other states

Answered by Michael Yost Medicare Insurance Agent

Cleo Martin · Answer

You can go to Medicare .gov.  They have a program you can put your drugs and your pharmacy in and it will show you the best plan for you. Or, you can contact an agent who usually has a program that will show you what is best. Neither cost. With an agent you will get someone who can explain the different pr
Grams out there and help you figure out what is best for your situation.

Vernon Jones · Answer

You can visit Medicare.gov and Drug plans then Click Find a Plan now, then Your zip code, , then your County, . Select Medicare drug plan apart D, then Click I don't get help from any of these programs. Continue, yes you want to see drug cost when you compare plans. Click Yes, next Add prescription drug name.Example Lisinopril select the Dosage. Add to Drug List as you continue to add more meds. Then Dine Adding Drugs.Select your pharmacies including Mail order, up to 5 choices. Then Clock Continue to View Plans then Compare prices from each pharmacies. CLICK View drugs and their cost. Then compare drugs prices from each pharmacy. 😀

Answered by Vernon Jones on August 12, 2025

Broker Licensed in NC & SC

Answered by Vernon Jones Medicare Insurance Agent

Tracy Davis · Answer

My best advice would be to get a local independent insurance broker to assist you with this. Each state and sometimes counties can be different with their coverage options. Your local broker will know the plans in your area and be able to guide you with advice and show you what you should expect to pay as far as deductible, premium, and copay/coinsurance on your medications. These change each year, so it is wise to readdress them during annual open enrollment October 15-December 7th. Hope this is helpful.

Answered by Tracy Davis on August 11, 2025

Broker Licensed in IN, CO, FL & KY, NM, OH & TN

Answered by Tracy Davis Medicare Insurance Agent

David Koller · Answer

We use a medicare tool that compares your list of medications and tells us which plan is the best based on those specific medications.

Michele Vina · Answer

The best way to research Medicare Part D plans is at Medicare.gov. However, brokers like myself often have tips and tricks to save even more when it comes to prescription coverage.

Gary Henderson · Answer

Go online to medicare.gov. there's a free application that will allow you to type in all your drugs. Select up to five different drug stores and mail order and I'll give you the best price drug plan available and the information on who to call

Answered by Gary Henderson on July 15, 2025

Agent Licensed in TX, AK, AL & 46 other states

Answered by Gary Henderson Medicare Insurance Agent

Mike Henry · Answer

Go to a website called Medicare.gov. Fill in your information. That will give all you need to make your best decision

Robert Remin · Answer

Robert Remin, expert Medicare plan advisor, licensed in NY, CT, NJ, and FL. Work with an expereicned licensed Medicare plan advisor. Doing it yourself results in major issues frequently

Patrick Stinson · Answer

You will need to get with a qualified advisor and let them guide you through it or you can go to Medicare.gov.

Louanne Allison · Answer

I use Medicare.gov which is a powerful tool that is available to anyone, which checks the cost of your drugs in your zip code by all the plans you have available. Its where I start with most of my prospects, and because I use it daily, I am very proficient and fast with it. I am available to work on it for you.

Answered by Louanne Allison on April 14, 2025

Agent Licensed in MI, FL, IL & OH, TN, TX & UT

Answered by Louanne Allison Medicare Insurance Agent

Tonya Mowan · Answer

To compare medicines (generic and brand names) make a list of them. You can either check on Medicare.gov or speak with an agent to assist you with this process. Plans have different formularies and cost. It is advised to have a conversation with an agent and your doctor to look at the cost of medicines at your preferred pharmacy.

Answered by Tonya Mowan on May 12, 2025

Agent Licensed in AR, MO & OK

Answered by Tonya Mowan Medicare Insurance Agent

Gabrielle Sones · Answer

The best way to do this is by utilizing a broker. As a broker we have access to technology that allows us to enter medications and filter plans by cost, pharmacy, etc. I'd be happy to help!

Gregory Gudis · Answer

This can be done on the Medicare website but I absolutely recommend speaking with an agent who does this everyday. Getting your Part D plan correct could save so much money and a mistake could be really costly.

Answered by Gregory Gudis on March 31, 2025

Broker Licensed in AZ, CO, CT & 16 other states

Answered by Gregory Gudis Medicare Insurance Agent

William Murray · Answer

I like to recommend Medicare.gov to "Find Health & Drug Plans."
By entering each of your drugs, dosages, frequencies taken/quantities & pharmacies preferred, you can research the lowest costs plans for your specific menu of prescriptions and which pharmacies have the lowest prices for your specific menu.
If you'd like a guide to walk you through the steps, I'd be happy to assist.

Craig Bodner · Answer

Comparing Part D plans to minimize cost should take into consideration, several factors:

	1) Premiums:  Monthly amount paid while enrolled in the plan.
	2) Tier levels/Copays:  Each medication will fall under a specific "Tier Level" for each Prescription coverage plan and determines the amount that you will pay for the medication.  Most medications fall under Tier 1 - 5 (although in some cases a Tier 6 is also utilized).   In general (but not always) your copays are greater under a higher Tier number compared to lower tier numbers.
	3) Deductibles: This is the amount of out of pocket expense the beneficiary must pay before the plan coverage "kicks in".  In other words, you pay 100% of your medication costs until your out of pocket expense meets the plan deductible.
	4) Formulary:  The Formulary is the list of medication covered by the plan.  These can vary from plan to plan.

One way to compare plans is to go online to https://www.medicare.gov/plan-compare.  This is a helpful tool provided by Medicare to help you with your choice of plans.  However many people find it much easier to discuss this with a broker that can help you with this process and ensure that you have a full understanding of your options.

Aaron Green · Answer

The best way is to have a trained advocate at our office or in your home, populate your information into our Medicare interface. From there we can provide a detailed listing of what each prescription's tier listing is and it coverage for each drug plan. This activity and consultation is never and should never cost you anything.

Answered by Aaron Green on April 14, 2025

Broker Licensed in IA, KS, MO & NE

Answered by Aaron Green Medicare Insurance Agent

Jennifer Kalbach · Answer

I would suggest to get with a Medicare Health Insurance agent to let them walk you through this and also they can help you with Medicare Advantage plans or Medicare Supplement plans.

Elizabeth Baron · Answer

You need to work with a local licensed agent. They have the ability to compare drug plans for you. It saves you the hassle of trying to look everything up. You should be checking in with your agent every Open Enrollment to ensure that you are still enrolled in the right Part D plan. Formularies change from year to year, as do your prescriptions. An agent will never charge you for this service!

Answered by Elizabeth Baron on August 25, 2025

Broker Licensed in MI

Answered by Elizabeth Baron Medicare Insurance Agent

Clay Tribble · Answer

Medicare.gov has a great tool you can use for free that allows you to enter your drugs and compare across all the different private insurance companies and their various plans to help find the best one for you.

Answered by Clay Tribble on June 23, 2025

Agent Licensed in FL

Answered by Clay Tribble Medicare Insurance Agent

How do I compare Part D plans to minimize costs for a mix of generic and specialty drugs?

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