Medicare Part D

Medicare Part D Drug Coverage

Plan Comparison & Formulary Data

Medicare Part D provides outpatient prescription drug coverage to over 51 million Americans. Plans vary widely in premiums, formularies, and cost-sharing. InsureWith.ai aggregates formulary and pricing data so you can compare plans, check drug coverage, and find the lowest out-of-pocket costs in your state.

How Part D works

Every Part D plan follows the same four-phase benefit structure. Your costs change as you move through each phase during the calendar year.

1

Deductible

Up to $590

You pay 100% of drug costs until you reach the annual deductible. Some plans cover certain generics before the deductible.

2

Initial Coverage

$590 - $5,030

You pay copays or coinsurance (typically 25%) while your plan covers the rest. Costs vary by drug tier and plan.

3

Coverage Gap

$5,030 - $8,000

Previously the "donut hole." Manufacturer discounts and plan contributions count toward your out-of-pocket threshold.

4

Catastrophic

After $8,000 OOP

You pay $0 for covered drugs for the rest of the year. The plan and Medicare cover all remaining costs.

New for 2026

$2,000 Out-of-Pocket Cap

The Inflation Reduction Act caps annual out-of-pocket Part D spending at $2,000 starting in 2025, with full implementation in 2026. This eliminates the catastrophic coverage phase for most enrollees and saves the average beneficiary an estimated $400 per year. Plans must also offer a monthly payment smoothing option so costs are spread evenly across the year.

$2,000 Max annual OOP
$35 Insulin copay cap
$0 Adult vaccines
Full IRA breakdown →

Coverage by state

Part D plan availability and pricing vary by state. Select yours to see available plans, average premiums, and drug-level coverage data.

20-30 plans 30-40 plans 40+ plans

Top searched drugs on Part D

Coverage, tier placement, and prior authorization rates for the most commonly searched medications. Data updates weekly from CMS formulary files.

Drug Typical Tier PA Rate Avg Copay Trend
Eliquisapixaban Tier 3 8% $47
Jardianceempagliflozin Tier 3 12% $47
Ozempicsemaglutide Tier 5 42% $285
Xareltorivaroxaban Tier 3 6% $47
Trulicitydulaglutide Tier 3 15% $47
Entrestosacubitril/valsartan Tier 3 10% $47
Atorvastatingeneric Tier 1 0% $3
Metformingeneric Tier 1 0% $2
Humiraadalimumab Tier 5 68% $310
Januviasitagliptin Tier 3 18% $47

Data sourced from CMS formulary files. Actual costs depend on your specific plan. Search all drugs →

51M+
Part D Enrollees
Including Medicare Advantage with drug coverage
$34.70
Avg Monthly Premium
National average for standalone Part D plans
1,000+
Plans Available
Standalone PDPs across all 34 PDP regions
6 Tiers
Formulary Structure
From preferred generics to specialty drugs

Frequently asked questions

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