406 Insurance · Hamilton, Montana
Part D prescription drug plans
Standalone drug coverage that works alongside Original Medicare.
Who this is for
The people we usually see for this
Most often, someone on Original Medicare with a Supplement like Plan G or Plan N who still needs a plan for prescriptions.
What people get wrong
Choosing on premium alone is the common trap. Your real cost depends on the drugs you take, the doses, the pharmacy, the deductible and the copays, and on whether each drug is on the plan's formulary.
Plans also change every year, so last year's good fit may not hold. And skipping drug coverage because you take little or nothing today can bring a late enrollment penalty later, on top of the risk that your health changes.
Before you call
What people worry about
Three things come up almost every time.
Will there be a penalty
Going without creditable drug coverage after you're eligible can add a penalty to your premium for as long as you have Part D.
Is my medication on the list
Each plan has its own formulary. A drug covered by one plan may not be covered by the next.
Can I keep using my pharmacy
In a small town that matters. Whether your local pharmacy is in the plan's network, or preferred, changes what you pay at the counter.
Our work
Where we come in
You can research Part D and enroll on Medicare.gov yourself, and in some situations agents are limited in how much they can help with the enrollment step.
We still think a licensed independent agent is worth having beside you. We review your prescriptions and pharmacy, explain the costs and the coverage phases, and step in if something goes sideways. You make the final decision.
What working together actually looks like
Every year we gather your current medications and pharmacy so the review reflects what you take now.
We show you what changed, what your options are and what to do next, and we're here between reviews when questions pop up.
Carriers we compare
Questions about this coverage
What people ask most often about this one, answered the way we would answer on the phone.
Usually yes. Even if you do not currently take prescription medications, it is worth considering prescription drug coverage. If you go without Part D or other creditable prescription drug coverage after you are eligible, you may face a late enrollment penalty.
Drug coverage is also about future risk. Your health and your medication needs can change unexpectedly, and without coverage a new prescription could become a significant out of pocket expense.
No. 406 Insurance is an independent, licensed insurance agency. Our agents maintain the required licenses and complete annual carrier and Medicare certifications.
We are not affiliated with or endorsed by Medicare, CMS, the Social Security Administration or any government agency.
There is typically no additional cost to work with us. As independent insurance agents, we are generally compensated by the insurance carriers we represent.
Our role is to help you understand your options, answer your questions, and help you look at the bigger picture of your health insurance and protection planning.
You might also want to look at
People who buy their own health coverage often end up asking about these.
For people who want steady, predictable costs and access to providers anywhere Medicare is accepted.
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For people new to Medicare, new to the valley, or checking whether their Advantage plan still fits.
For people on Original Medicare, often with a Supplement, who need separate drug coverage.
Still deciding whether this is right for you?
That is the conversation, not the paperwork. Tell us what you have now and what you are trying to protect, and we will walk through whether this fits.
