Requirements -

To get Medicare Part D coverage, there are a few key eligibility and enrollment rules to follow. Here’s what you need to know before signing up:

• You must be enrolled in Medicare Part A and/or Part B

• Enroll during your Initial Enrollment Period (3 months before to 3 months after turning 65)

• If you delay without comparable coverage, you may face a late enrollment penalty

• You’ll pay a monthly premium (varies by plan), and possibly a deductible (up to $590 in 2025)

• Coinsurance is typically 25% for covered drugs until the $2,000 cap is reached