Medicare Prescription Payment Plan
Budget your out-of-pocket costs on a monthly basis with the Medicare Prescription Payment Plan.
Enroll in Medicare Prescription Payment Plan
Choose the enrollment option that's right for you. Enroll online, submit a completed enrollment form PDF, or call to speak with a representative.
For coverage beginning Jan. 1, 2027
Medicare Prescription Payment Plan participation request form (PDF)
For coverage in 2026
What is the Medicare Prescription Payment Plan?
Medicare Prescription Payment Plan is a program for Part D Prescription Drug plans, including plans embedded within Medicare Advantage Plans, to offer monthly payments for your out-of-pocket costs. This program, known as “payment smoothing” takes your remaining out-of-pocket costs and splits them between the remaining months in your prescription drug plan year.
For full details about the program, check out What’s the Medicare Prescription Payment Plan? (medicare.gov).
How is your payment calculated? To see examples of how your payment may be calculated, see Medicare Prescription Payment Plan examples (medicare.gov).
Get Assistance with Enrollment and Payments
Navigating new programs can be confusing. We can help with the enrollment process and determining monthly payments. Call 833-696-2087 (TTY 711) today.
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