Medicare health insurance.
Get the most out of your benefits.
We want to help you understand Medicare and its four parts by providing easy-to-use resources so you can make informed decisions.
Finding the right Medicare Part D plan could save you hundreds of dollars.*
Based on plan comparison user sessions, see below.*
CVS/pharmacy does not endorse any particular plan.
Conduct a Plan Comparison and Meet a Medicare Representative
Find the right prescription drug plan for you.
Looking for more affordable options? Or new to Medicare? Conduct a FREE online plan comparison** in two simple steps:
1. CVS/pharmacy® customer? Simply enter your Personal Savings Code when prompted.
Not a CVS/pharmacy customer? You'll need to enter your prescription information and ZIP code.
2. Verify your information and review your money-saving choices.
You can meet a representative from a Medicare Part D plan at your CVS/pharmacy.
Many CVS/pharmacy stores will be hosting events where you can talk to a Medicare representative about your plan options.
Find a Medicare event near you
Want help with your Medicare Part D comparison?
Call eHealth Medicare at 1-888-391-2664 (TTY 711)
8 am — 9 pm ET†, or ask your local pharmacy team.
** CVS/pharmacy does not endorse any particular plan.
† eHealth Medicare contains information about and provides assistance with insurance plans for people who are eligible for Medicare. Operated by eHealthInsurance Services, Inc., a licensed health insurance agency certified to sell Medicare products. Licensed agents may be compensated on your enrollment in a plan. Agent compensation will not increase your cost. The customer service center is not operated by CVS/pharmacy.
Save at a preferred pharmacy with lower copays††
- 75% of Medicare customers can save at a preferred pharmacy
- You could have a $0 or low co-pay on your generic prescriptions. Find out which Part D plans include CVS/pharmacy as a preferred pharmacy.
Enter your ZIP Code
CVS/pharmacy may also contract with other Medicare Part D plans.
††Based on Medicare Part D co-pays on generic medications in plans where CVS/pharmacy is a preferred provider. Not all consumers will save.
Answers to Frequently Asked Questions
The Medicare prescription drug benefit offers coverage for brand name and generic drugs to anyone eligible for Medicare. Coverage is provided through private health plans. It can be either a stand-alone prescription drug plan (PDP) or Medicare Advantage prescription drug plan (MA-PD) that combines medical and drug coverage.
You are eligible for the Medicare prescription drug plan benefit:
- During your initial 7-month Medicare enrollment period (three months before and three months after your 65th birthday)
- During the three months before and the three months after your 25th month of disability
- For 63 days after your creditable insurance coverage ends or during the annual enrollment period, which runs from October 15 to December 7 each year
No, you do not have to enroll. However, if you do not sign up during your initial enrollment period you will face an incremental late fee should you opt to join at a later date. The late enrollment penalty is an amount added to your monthly Medicare Part D premium. You will owe a late enrollment penalty if, at any time after your initial enrollment period is over, there's a period of 63 or more days in a row when you don't have Part D or other creditable prescription drug coverage. The cost of the late enrollment penalty depends on how long you were without creditable prescription drug coverage.
Opting for the right plan can save you money and benefit your overall health. Following these steps can help prepare you to make that decision:
- Make a list of all of the prescription drugs you currently take or visit www.cvs.com/rxsignup to print out a list of all your CVS/pharmacy prescriptions.
- Use the Medicare Plan Finder from www.medicare.gov to get a list of the plans that best meet your needs in the area you live.
- Talk to your local CVS pharmacist, they can make the process less confusing and help you make the best plan choice to fit your needs.
- When considering what plan works best for you in terms of cost, it is important to consider the following; premiums, deductibles and co-payments.
You'll make these payments throughout the year in a Medicare drug plan:
- Monthly premium
- Yearly deductible
- Co-payments or co-insurance on individual prescriptions
- Costs in the coverage gap
- Costs if you pay a late enrollment penalty
Your actual drug plan costs will vary depending on:
- The drugs you use
- The plan you choose
- The pharmacy you choose
- Whether the drugs you use are on your plan's formulary
- Whether you get Extra Help paying your Medicare Part D costs
Once you choose a Medicare drug plan, you can enroll in any of the following ways:
- Enroll on the Medicare Plan Finder at www.medicare.gov or on the plan's website.
- Complete a paper enrollment form.
- Call the plan.
- Call 1-800-MEDICARE (1-800-633-4227).
When you join a Medicare drug plan, you'll give your Medicare number and the date your Part A and/or Part B coverage started. This information is on your Medicare card.
Medicare Advantage Plans (Part C) are health plans offered by a private company to provide you with all your Part A and Part B benefits. Most Medicare Advantage Plans also include prescription drug coverage, often called "MA-PDs." You must have Part A and Part B to join a Medicare Advantage Plan.
You may qualify for Extra Help if you have up to $17,235 annual income ($23,265 for a married couple). Some people with limited income and resources will qualify for Extra Help. If you qualify, Social Security will help you pay for premiums and/or the cost of prescriptions. You can apply for Extra Help at any time, and there's no risk to submitting an application. To determine if you qualify, contact your local Social Security office, or visit www.ssa.gov for more details. To qualify for this subsidy in 2013, Medicare-eligible seniors must meet specific income guidelines. The "Extra Help" benefit will help qualifying seniors by reducing or eliminating out-of-pocket deductibles, co-pays and expenses associated with the coverage gap.
You can change plans during the Medicare prescription drug program Annual Enrollment Period, which is from October 15 to December 7 each year. Dual-eligible individuals — those with both Medicare and Medicaid — may change plans monthly, at any time throughout the year.
Most Medicare prescription drug plans have a coverage gap (also called the "donut hole"). This means there's a temporary limit on what the drug plan will cover for drugs.
Not everyone will enter the coverage gap. The coverage gap begins after you and your drug plan have spent a certain amount for covered drugs. In 2013, once you and your plan have spent $2,970 on covered drugs (the combined amount plus your deductible), you're in the coverage gap. This amount may change each year. Also, people with Medicare who get Extra Help paying Part D costs won't enter the coverage gap.
Once you enter the coverage gap, you get a 52.5% manufacturer-paid discount on covered brand-name drugs. Although you'll only pay 47.5% of the price for that brand-name drug, the entire price will count as out-of-pocket costs, which will help you get out of the coverage gap.
Start saving on all your prescriptions today. It's easy:
Transfer your prescriptions online or visit your local CVS/pharmacy.
Still Have Questions?
You are always welcome to speak
with your local CVS pharmacist.
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Watch our video about the coverage gap.View All Videos
CVS/pharmacy® accepts all Medicare Part D plans, but does not endorse any particular Medicare Part D plan.