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Prescription Drug Coverage: Navigating Part D
Prescription drug costs can quickly add up, making Part D an essential component of Medicare for many beneficiaries. Each Part D plan has its own list of covered drugs, known as a formulary, and these can vary widely between plans. By carefully reviewing and comparing Part D plans each year, you can ensure that your medications are covered at the lowest possible cost. Additionally, some plans offer mail-order pharmacy options, which can provide further savings4.