1. Business & Finance

Discuss in my forum

The Top Three Ways to Find Your Medicare Part D Prescription Drug Insurance

By , About.com Guide

Getting your Medicare Part D prescription drug insurance coverage may seem like a hard and confusing process but it does not have to be complicated. Here are three options for choosing the right Medicare Part D prescription drug plan for you.

Three Ways to Find the Best Medicare Part D Prescription Drug Plan:

1. The Medicare Plan Finder Online Tool: This tool is by far the best way to shop for Medicare Part D. By using the Medicare Plan Finder you will be able to compare the best and all the Medicare Part D plans available in your area along with what plan is best for you by the prescription drugs you are taking. It will also tell you when you have reached the "doughnut hole." You can do it yourself by going to the website or check with your local library or senior center to see if they can offer assistance in helping you navigate the tool.

2. Your Insurance Agent: Another good choice is to contact an insurance agent to purchase your Medicare Part D plan. Although most insurance agents should be able to find a good plan for you, most will be more limited on what they can offer compared to option #1 above, but they still should be able to find you a reasonable option to fit your budget.

3. Use your Medicare Supplement Company: You can also get your Medicare Part D coverage through the same company you have your Medicare Supplement insurance with. This is the most convenient and easy option for you since you will have both of the through one company but it may not be the best way to get the most options and the lowest cost.

©2012 About.com. All rights reserved.

A part of The New York Times Company.