Medicare Part D is the prescription drug plan for Medicare recipients. It went into effect in 2006, subsidizing the cost of prescription drugs. This plan can be used with Medicare as well as some other types of insurance... More »

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The monthly cost of Medicare differs for individuals depending on when they sign up, their yearly income and the number of years they pay Medicare taxes, reports WebMD. Monthly costs also vary depending on whether indivi... More »

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Medicare Part A is free for those who qualify for Social Security benefits, but others pay a premium based on total quarters of employment. Medicare Part B premiums vary based on income. Medicare Parts C and D premiums v... More »

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Prescription drugs available through Medicare Part D prescription drug coverage vary from plan to plan. Each plan has its own formulary, which is a list of prescription drugs the plan provides. Plan holders can request a... More »

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Medicare Part D tiers are price levels that Medicare prescription drug plans charge depending on the type of drugs enrollees use, reports AARP. The drug plans put lower-priced drugs into lower tiers of copayment or coins... More »

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UnitedHealthcare offers two types of Medicare Part D prescription drug plans, according to its website. As of 2015, the AARP MedicareRx Preferred Plan has no annual deductible, and the AARP MedicareRx Saver Plus Plan has... More »

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The biggest advantage of Medicare Part D prescription drug plans is that they provide insurance coverage for needed prescription drugs that traditional Medicare does not cover, reports Medicare.gov. Disadvantages include... More »

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