Medicare Part D 2026: Costs, Changes & Enrollment Guide

How Medicare Part D Works in 2026

Medicare Part D includes several stages:

1. Deductible Stage – You pay 100% of drug costs up to $615.

2. Initial Coverage – After meeting the deductible, you pay a portion of drug costs (typically 25%) until you hit the coverage limit.

3. Catastrophic Coverage – Once you’ve spent $2,100 out-of-pocket, your costs drop dramatically. You may pay nothing or a small copay depending on your plan.

   Tips for Choosing a 2026 Part D Plan

   • Compare plans early during Medicare Open Enrollment (Oct 15–Dec 7).

   • Check your current medications against each plan's formulary (covered drug list).

   • Balance the deductible vs. premium: A lower premium may have a higher deductible—and vice versa.

   • Consider bundling with Medicare Advantage (MA-PD) if you're looking for additional benefits beyond drug coverage.

     Need Help Understanding Your 2026 Part D Options?

     At Medicare Planning, we specialize in helping individuals and families find the right Medicare drug coverage at the right cost. Whether you're comparing standalone Part D plans or bundled MA-PD options, we offer:

     • Personalized consultations

     • Plan comparisons in your ZIP code

     • Help applying for Extra Help if you qualify for financial assistance