All-in-One Medicare Coverage. Explained Clearly.
What are Medicare Part D Prescription Plans?
Prescription drug coverage can be one of the most confusing parts of Medicare—but it doesn’t have to be. Medicare Part D plans help you manage medication costs and avoid future penalties. At Flaxbeard Insurance Advisors, we help clients throughout Omaha and Nebraska compare plans, check formularies, and make confident choices.
Drug Coverage That Complements Your Medicare Plan
How Medicare Part D Works
Medicare Part D offers standalone prescription drug coverage to pair with Original Medicare or a Supplement plan. These plans are offered by private insurers and include:
- A list of covered drugs (formulary)
- Pharmacy networks
- Monthly premiums, deductibles & copays
Because formularies and costs vary widely, choosing the right plan matters—and we make sure you understand what’s included before you sign up.
Personalized Plan Comparisons in Nebraska
Choosing a Plan That Fits Your Medications
We help you compare Part D plans based on:
- Your current prescriptions and how they’re categorized (tiers)
- Preferred vs. out-of-network pharmacies
- Monthly costs and annual deductibles
- Restrictions like prior authorizations or step therapy
We don’t just help you pick a plan—we make sure it covers the medications you need, at a price that makes sense.
Do You Need a Part D Plan?
Who Medicare Part D Is Right For
Medicare Part D is a must for anyone who:
- Has Original Medicare or a Supplement (Medigap) plan
- Wants to avoid late enrollment penalties
- Isn’t covered by another creditable drug plan
Even if you’re not currently taking prescriptions, enrolling in a low-premium Part D plan now can protect you later and help avoid future costs.
Why Work With Us
Honest Advice. No Guesswork. Ongoing Support.
Every year, plan formularies and premiums change. We help you:
- Enroll in a plan that covers your current meds
- Understand how your plan works—before you need it
- Review and adjust coverage during the Annual Enrollment Period
We stay on top of the fine print, so you don’t have to.
FAQ
Medicare Part D Basics
Do I need a Part D plan if I don’t take any medications?
Yes. Enrolling now helps you avoid future penalties and ensures you have coverage if your health changes.
Can I switch plans if my prescriptions change?
Yes—during the Annual Enrollment Period each fall, or in some cases through a Special Enrollment Period. We’ll help you evaluate new options.
Are all medications covered the same way?
No. Plans have tiers, copays, and restrictions that affect how your meds are covered. We’ll help you sort through it.
How do I avoid surprises at the pharmacy?
We check each plan’s formulary to make sure your prescriptions are included—and clearly explain costs before you enroll.