The Medicare Prescription Payment Plan is a new payment option in the prescription drug law that works with your current drug coverage to help you manage your out-of-pocket Medicare Part D drug costs by spreading them across the calendar year (January-December). All plans offer this payment option and participation is voluntary.

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• This payment option might help you manage your monthly expenses, but it doesn't save you money or lower your drug costs.

• Each month you'll continue to pay your health or drug plan premium (if you have one), and you'll get a bill from your plan to pay for your prescription drugs (instead of paying the pharmacy).

• Participating in this payment option is voluntary, and it doesn't cost anything to participate. To participate in this payment option, contact your plan.

• You might benefit from programs that can help you save money like Extra Help, if you qualify. 

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Visit Medicare.gov/prescription-payment-plan, or contact your plan for more information about the Medicare Prescription Payment Plan.​

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For additional information regarding Medicare's Prescription Payment Plan, look at the provided fact sheet.