Medicare Part D Plans in South Carolina
Find affordable Medicare plans in South Carolina
Original Medicare (Part A and Part B) includes only limited prescription drug coverage. It doesn’t cover most of the prescription medications you may take at home. To get help with your prescription medication costs, you may want to consider signing up for a Medicare Part D Prescription Drug Plan in South Carolina.
Medicare Part D is optional prescription drug coverage available from private, Medicare-approved insurance companies. Stand-alone Medicare Part D Prescription Drug Plans are designed to work alongside Original Medicare to help pay for prescription drug costs.
If you’re enrolled in Original Medicare, Part A or Part B, you can sign up for any Medicare Prescription Drug Plan that’s available in your county in South Carolina. You can enter your zip code where indicated on this page to see available plans.
You have certain opportunities to enroll in Medicare prescription drug coverage. When you’re first eligible for Medicare is a good time to sign up (during your Initial Enrollment Period) because if you sign up outside of that period, you might have to pay a late-enrollment penalty. If it’s too late for that, you can sign up during the Annual Election Period, October 15 through December 7. In some cases, you may qualify for a Special Election Period when you can enroll in a Medicare Prescription Drug Plan.
You can also get Medicare prescription drug coverage in a different way. A Medicare Advantage Prescription Drug plan lets you get your Medicare coverage through a private, Medicare-approved insurance company instead of directly through the government. Medicare Advantage plans provide your Medicare Part A and Part B benefits (except hospice care, which Medicare Part A still covers), but often include other benefits as well, such as routine dental, vision, and hearing care. A Medicare Advantage Prescription Drug plan gives you all your Medicare benefits in one convenient plan. When you’re enrolled in Medicare Advantage, you’re still enrolled in Medicare and you still have to pay your Medicare Part B monthly premium, as well as any premium the Medicare Advantage plan may cost.
Comparing Medicare Part D Prescription Drug Plans in South Carolina
Every Medicare Prescription Drug Plan in South Carolina has a formulary. This is a list of the prescription drugs it covers, arranged in tiers from less expensive to more expensive drugs. The same is true in every state. You may want to make a list of the prescription medications you take so you can compare it with the formularies of the plans you’re looking at to help you decide. The formulary may change at any time. You will receive notice from your plan when necessary.
Even if you don’t take prescription medications now, remember that if you do decide to get this coverage later on, you may face a Medicare Part D late-enrollment penalty — you pay a higher penalty the longer you’ve gone without creditable prescription drug coverage.
Also keep in mind that the costs and availability of Medicare Prescription Drug Plans may vary. You can compare plan options on your own by entering your zip code in the form on this page, or you can call one of our licensed insurance agents.