Medicare Prescription Plans Valley Stream

Medicare Part D is the prescription drug coverage portion of Medicare. While Parts A and B cover hospital and medical services, they do not include most medications. Without a Medicare prescription plan, you could face full retail prices for your prescriptions—often at a significant cost. Plus, delaying enrollment can trigger a lifetime penalty. Part D ensures your medications are covered at a lower cost and protects you from unexpected pharmacy expenses.

If you miss your Initial Enrollment Period or don’t have other creditable prescription drug coverage, you could face a late enrollment penalty. This penalty is added to your monthly premium and continues for as long as you have Part D coverage. MediHealth Options helps you enroll at the right time—and avoid those costly mistakes—by walking you through all available timelines and special enrollment situations.

The “donut hole,” or coverage gap, is a temporary limit on what your Part D plan will cover for prescription drugs. After you and your plan spend a certain amount, you enter this gap and may pay more out-of-pocket until you reach the catastrophic coverage threshold. We explain this clearly during your consultation and help you choose a plan that minimizes this risk based on your medications.

Yes. You can change your Part D plan during Medicare’s Annual Enrollment Period (October 15 – December 7). MediHealth Options offers free yearly plan reviews to ensure your drug coverage continues to meet your needs—especially if your prescriptions or preferred pharmacy have changed.

That’s where we come in. We take the time to analyze your medication list, preferred pharmacy, and budget to compare plans that match your criteria. Our team does all the research, explains your options in plain English, and helps you confidently choose the plan that works best for you—without pressure, fees, or hidden agendas.