To find out if your medications are covered under Medicare Part D, you can review your plan’s formulary or use the Medicare Plan Finder Tool. For personalized assistance, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

Medicare Part A does not include prescription drug coverage. To get coverage for medications, you'll need to enroll in a standalone Medicare Part D plan or a Medicare Advantage Plan that includes drug coverage. For personalized guidance, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

Delaying enrollment in Medicare Part D without creditable prescription drug coverage can result in a late enrollment penalty. The penalty is 1% of the national base beneficiary premium for each month you delay and lasts for as long as you have Part D. For help avoiding the penalty, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

You can change your Medicare Part D plan during the Annual Enrollment Period (Oct 15 - Dec 7) or the Medicare Advantage Open Enrollment Period (Jan 1 - Mar 31). Special circumstances may also qualify you for a Special Enrollment Period. For personalized assistance, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

The donut hole in Medicare Part D is a coverage gap where you pay 25% of drug costs after your total spending exceeds $5,030. Once your out-of-pocket costs reach $8,000, you enter catastrophic coverage. For personalized guidance, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.