There are so many Americans for whom prescription drug prices is a source of uneasiness, and plenty more who would be stressing over them if it wasn’t for some type of plan that lets them pay less for Rx drugs. The US Government’s FDA (Food and Drug Administration) doesn’t cap drug prices like Health Canada does, but it does have a program that makes that possible. Here we’re going to look at what is Medicare Part D, plus why it may be very advantageous for some to work with Canada Pharmacy in a better partner pharmacy arrangement for lower prices on Rx drugs and better ability to source them

The Medicare prescription drug benefit is a federal program to help Medicare beneficiaries pay for self-administered prescription drugs. It’s made possible by the FDA working in tandem with private insurance companies to cover some of the cost of certain prescription drugs. They tend to be ones that have a high cost to have the prescription filled out of pocket, which is the term for paying ALL of that cost without any coverage or copay arrangement. The answer to what is Medicare Part D is that it’s the answer for anyone that needs to be on one of those expensive prescription drugs.  

Medicare has been available in the US for nearly 20 years now, and as you’d similarly expect most of the covered medications are also ones that are among the most-filled prescriptions in the country. Many of the same people who are now taking them and asking what is Medicare Part D will want to get an idea of how much of a discount on their medication might be possible can use a Medicare Part D cost calculator to see how much can be saved on their prescription.  

Choose Wisely 

Estimates are that about 50 million of the 65 million Americans in Medicare are Part D plan members. But enrolling in Medicare Part D isn’t as simple as providing name, proof of citizenship, and place of residence. There are different plans, and that’s a part of what is Medicare Part D too. All will involve you an annual deductible and monthly premiums as it works for health insurance of any sort, plus a coverage gap period when beneficiaries will only be required to pay 25% of drug costs.  

There is lots of good information out there about the best Medicare Part D prescription drug plans, and so instead of continuing with what is Medicare Part D we’ll end by discussing why it will make sense to join us as a partner pharmacy. We have been in the online pharmacy space for more than 20 years and have access to the lowest wholesale costs for medications along with an Advanced PMS (pharmacy management system) with high-throughput dispensing technology and authorized to distribute pharmaceuticals across all 50 US States and DC. Interested? Visit us here at our pharmacy partner page and contact business development if you’d like to start discussions around this.