Shopping For a Medicare Part D Plan?

Stroman Insurance Advisors works with several Medicare Part D insurance companies. We’ll find you the right plan for your needs and help you with enrollment. Our services are no-charge.

Schedule an Appointment

★★★★★
We are 5-star rated on Google

About Medicare Part D Plans

Medicare Part D plans provide prescription drug coverage for Medicare beneficiaries. These plans are offered by private insurance companies approved by Medicare. Part D can be added to Original Medicare, some Medicare Cost Plans, some Private Fee-for-Service Plans, and Medical Savings Account Plans.

How Stroman Insurance Advisors Can Help You

At Stroman Insurance Advisors, we specialize in helping you navigate the complex world of Medicare Part D plans. As independent brokers, we work with multiple insurance companies to find the best prescription drug coverage tailored to your specific needs and budget. Our services include:

Comprehensive analysis of your current medications
Personalized plan comparisons
Expert guidance on coverage options and potential cost savings
Assistance with the enrollment process
Ongoing support throughout your coverage

Frequently Asked Questions About Medicare Advantage Plans

Do I need Medicare Part D if I don’t take many prescriptions?

Even if you don’t currently take many prescriptions, enrolling in Part D when you’re first eligible can protect you from higher costs and penalties if you need coverage later.

How do I know which medications are covered by a Part D plan?

Each plan has a formulary (list of covered drugs). We’ll help you review plans to ensure your medications are covered.

What is the “donut hole” or coverage gap?

The coverage gap is a temporary limit on what the drug plan will cover. We can explain how this works and help you find plans to minimize its impact.

Can I change my Part D plan if my prescriptions change?

You can generally change plans during the Annual Enrollment Period. We’ll help you review your options each year.

How much do Medicare Part D plans cost?

Costs vary by plan and can include monthly premiums, annual deductibles, and copayments or coinsurance. We’ll help you understand and compare the total costs of different plans.

Our Approach to Helping You

Choosing the right Medicare Part D plan is key to managing your prescription drug costs. At Stroman Insurance Advisors, we:

Review your current and anticipated medication needs
Compare plans from multiple insurers to find the best coverage and value
Explain how different plans handle your specific prescriptions
Calculate potential out-of-pocket costs under various scenarios
Guide you through the enrollment process step-by-step
Provide ongoing support for any questions or concerns

Let us help you make an informed decision about your prescription drug coverage. Personalized Part D plan analysis is available for our Medicare Supplement clients.