Medicare Part D in Colorado

Medicare Part D is a federal program that provides prescription drug coverage to Medicare beneficiaries in Colorado and throughout the US. It was established as part of the Medicare Modernization Act of 2003 and began providing coverage in 2006. Part D plans are offered by private insurance companies approved by Medicare, and it is available as a standalone plan or as part of a Medicare Advantage plan.

The amount that you pay for your prescription drugs under Medicare Part D depends on the specific plan you choose and the drugs you need to take. Some plans may have a monthly premium, while others may require you to pay a deductible or copayments for your drugs. It is important to compare different plans to find one that best meets your needs and fits your budget.