Prescription costs can add up quickly. Medicare Part D plans provide drug coverage to help seniors and families manage their medication expenses. At Tyler Insurance Group, our advisors in Las Vegas, Henderson, Summerlin, and Kentucky work with you to compare plans so your prescriptions are covered at the lowest cost possible.
How drug coverage works with Medicare
Medicare Part D plans are stand-alone prescription drug insurance offered by private companies. They’re designed to work alongside Original Medicare or with certain Medicare Supplement (Medigap) plans.
If you’re enrolled in a
Medicare Advantage plan, drug coverage may already be included. But if you have Original Medicare with or without Medigap, you’ll likely need a separate Part D plan to cover your prescriptions.
Part D plans cover medications through a formulary – a list of approved drugs organized into cost tiers. Plans typically include:
- Monthly premiums (the cost to keep coverage active)
- Annual deductible (what you pay before coverage starts)
- Copays and coinsurance (your share at the pharmacy counter)
- The “Donut Hole” (coverage gap where drug costs may temporarily rise, before catastrophic coverage kicks in)
Personalized Drug Check
We match your prescriptions against plan formularies to find the most affordable fit.
Preferred Pharmacies
Save more by choosing plans that include your pharmacy in their preferred network.
The right plan depends on your medications, preferred pharmacy, and budget. One plan may be best for someone with diabetes, while another works better for those taking brand-name prescriptions. Our advisors compare options side-by-side so you can choose the plan that fits your situation.
Make a list of your prescriptions.
Check which plans cover them affordably.
Confirm your pharmacy is included in the plan’s network.
Compare premiums, copays, and deductibles.
Medicare Part D plans can change each year—premiums, formularies, and deductibles may shift. That’s why it’s important to review your plan during the Annual Enrollment Period (Oct 15–Dec 7). Seniors who delay enrollment without creditable drug coverage may face a permanent late-enrollment penalty.
Turning 65 – Initial Enrollment Period
Oct 15–Dec 7 – Annual Enrollment Period (AEP)
Special Enrollment – Qualifying life events
We check your prescriptions against every available plan to find the one that fits your needs and pharmacy preferences. This service is especially valuable during AEP when switching plans is allowed. If a medication isn’t covered, we’ll help you find an alternative or guide you to a plan that does.
Get Help with Medicare Part D Today
Everyone’s prescription needs are different. Our licensed agents will compare drug plans from multiple carriers in Nevada, Kentucky, and beyond, so you never pay more than necessary for your medications.