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Medicare Prescription Payment Plan FAQ

Publish Date: October 2024

Type: FAQ

Topics: Medicare, Prescription, Payment Plan Insurance, Health Care Coverage

Ethnicity:

Language: English, Chuukese, Hindi, Korean, Kosraean, Marshallese, Samoan, Simplified Chinese, Tagalog, Traditional Chinese, and Vietnamese

State:



The Medicare Prescription Payment Plan is a new, voluntary payment option under Medicare Part D. Starting on

January 1, 2025, this program will allow beneficiaries to spread their out-of-pocket prescription costs over the

calendar year. To participate, beneficiaries must opt into this program each year.


View and download this FAQ for more details about this program.


APIAHF coordinated the translation of this resource into select Asian and Pacific Islander languages. This resource is also available in Chuukese, Hindi, Korean, Kosraean, Marshallese, Samoan, Simplified Chinese, Tagalog, Traditional Chinese, and Vietnamese.













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