A Medicare Part D formulary is a list of the drugs the plan covers, organized into tiers with different out-of-pocket costs.

If a drug you need is not covered, you may request a formulary exception. For example, if your plan stopped covering your ...

Summary Depending on the Part D formulary, Medicare may fund Ozempic treatment for those with diabetes who need the drug to manage glucose levels.

Medicare Part D plans typically divide their formularies (drug lists) into tiers. This can help reduce costs by showing which prescriptions cost the least. Learn more here.

Methodology We evaluated Medicare Part D formulary access for a selection of drugs in March 2025. We compared the Part D formulary access in March 2025 to that in 2024.

Given forthcoming changes to Medicare Part D plans under the Inflation Reduction Act, CMS should collect and publish plan-level metrics describing how beneficiaries’ use of medications is ...

Discover what Medicare Part D covers and what it costs, including premiums, deductibles and copays.

Medicare Part D, or Medicare drug coverage, is a part of Medicare that can help you pay for a variety of medications. You can buy a stand-alone Part D policy if you have Original Medicare (Part A and ...

Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug-spending goes into effect.

Trulicity is a long-lasting, brand-name medication for treating type 2 diabetes. Many Medicare Part D plans, and some Part C plans, cover Trulicity.

Will Medicare Part D cover Ozempic? Read on to learn more about when Medicare may provide coverage for Ozempic or other similar drugs.

However, private insurers administer Part D plans in line with Medicare regulations and may choose their own formulary of approved drugs. A formulary is a list of drugs that a Part D plan will cover.