Medicare Drug Cost Estimator

The Medicare drug cost estimator helps you see what your prescriptions are likely to cost under different Part D and Medicare Advantage drug plans. Every plan uses its own formulary — the list of covered drugs organized into pricing tiers — so the exact same medication can be inexpensive on one plan and costly on another. By entering the drugs and dosages you take, you give a licensed advisor what they need to run a free, personalized comparison and pinpoint the plan with your lowest total drug spend.

To use it, add each medication and its dosage, list your county so we can match plans available in your area, and share your contact details. We'll check your drugs against local plan formularies, factor in deductibles, copays, coinsurance, and the new annual $2,000 out-of-pocket cap, and show you where you'll pay the least over a full year.

This matters because prescription costs are one of the biggest and most overlooked Medicare expenses. Choosing a plan based on premium alone can backfire if your drugs sit on a high tier or aren't covered at all. Comparing your actual medications — ideally each fall during the Annual Enrollment Period, when plans update their formularies — can save you hundreds of dollars a year. The estimate is free and comes with no obligation to enroll.