Medicare part D insurance plan supplements Medicare Part A or Part B to cover medications that are not included in their coverage. An individual’s place of residence, age, the contents of their medical prescription and preferred pharmacy are factors that generally decide which Medicare Part D plan is chosen. The first detail that is considered is the insurance carrier operating in your area of residence. Secondly, if star ratings are weighed upon to understand the best Medicare Part D plan, then they have to be checked on a yearly basis because ratings change considerably each year.

While looking for the best Medicare Part D plans, premiums, deductibles, and drug tiers are the three factors to be compared. Premiums vary depending on the insurance carrier and plan coverage. Think carefully if higher premiums are worth the coverage offered. Also, since Medicare Part D premium is an added cost apart from the Part B premium that needs to be paid regularly, being enrolled in Medicare Part A and Part B is a precondition. Is a higher deductible better than a higher premium? Calculate where you can save more. Providing a complete list of all the prescription drugs used by the policyholder is important because the tier program used for Medicare Part D Prescription Drug Plans covers only certain medications.

Durable Medical Equipment such as blood sugar or glucose meters that are prescribed for use by enrolled doctors for home use are not covered by Medicare Part D plan. Medicare Part B, however, covers the cost of certain supplies used for diabetes such as glucose meters, blood sugar test strips, Insulin, sugar control solutions, therapeutic shoes and so on. Subject to conditions laid down in the health insurance plan, different medical equipment are paid for differently by Medicare. Find out from your supplier if he participates in Medicare before purchasing any medical equipment.