Aetna® Medicare Part D Insurance

Prescription drug plans that fit you

Find prescription drug plans near you.

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What is Medicare Part D?

Medicare Part D is an insurance plan administered by the federal government that offers prescription drug and medication coverage to all eligible beneficiaries to help with medical costs.

Unlike Medicare Parts A and B (Original Medicare), Medicare Part D is only provided through private insurance companies, so talk to a licensed Aetna agent today! Your agent can tell you if you’re eligible and will help you add prescription drug coverage to your new or existing Medicare plan.

Add Aetna prescription drug coverage to any of the following plans:

  • Original Medicare (Medicare Part A and/or B)
  • Medicare Advantage (Part C)
  • Medicare Supplement (Medigap)
  • Medicare Medical Savings Account (MSA)
  • Medicare Cost

Talk to a Licensed Agent.

Talk to a Licensed Agent


Aetna Medicare Part D gives you real options

Unlike some prescription drug plans (PDPs), Aetna’s Medicare Part D plans put you in control of your coverage. Aetna offers a variety of Medicare Part D plans in all 50 U.S. states, with premiums starting at an average of $17 a month.* Contact an Aetna Medicare agent today to find out which plan best suits you!

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Aetna Medicare Rx® Select (PDP)

Take advantage of Aetna’s lowest-premium plan.

  • $0 copays for Tier 1 drugs at preferred retail pharmacies or through Aetna Rx Home Delivery®
  • Full Tier 1 and Tier 2 gap coverage
  • $17 average monthly premium*
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Aetna Medicare Rx® Saver (PDP)

Get basic prescription drug coverage plus more.

  • Affordable cost-sharing through nationwide pharmacy network
  • Low copays at preferred retail pharmacies or through Aetna Rx Home Delivery®
  • $30 average monthly premium*
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Aetna Medicare Rx® Value Plus (PDP)

Enjoy a broad selection of brand name and generic drugs with no deductible.

  • $0 deductible on all drugs, regardless of tier
  • Full Tier 1 and Tier 2 gap coverage
  • $61 average monthly premium*

Which drugs does Aetna Medicare Part D cover?

Each of Aetna’s Medicare prescription drug plans have a different list of covered medications based on your area of coverage. This is sometimes called a “formulary.” Typically, your formulary will place different drugs in different tiers, according to cost. Lower-tier drugs generally cost less, and higher-tier drugs usually cost more.

To find out whether a drug you need is covered by one of Aetna’s prescription drug plans, simply talk to a licensed agent. Your agent will answer your questions and provide you with a list of covered prescriptions.

Speak with a Licensed Agent

Speak with a Licensed Agent

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Medicare Part D enrollment periods

There are three time periods when you can enroll in a Medicare prescription drug plan:

Initial Enrollment Period (IEP)

Begins three months before the month of your 65th birthday and ends three months after the month of your 65th birthday

Annual Enrollment Period (AEP)

Starts October 15 and ends December 7 each year—coverage begins January 1 the following year

Special Enrollment Period (SEP)

Allows you to enroll at a time other than IEP or AEP if one or more special circumstances apply to you

Don’t wait to get started, though! If you miss one of your enrollment periods, you may have to pay a Medicare Part D late-enrollment penalty.

Talk to a Licensed Agent

Talk to a Licensed Agent

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Aetna Medicare Rx coverage phases

Prescription drugs on Medicare Part D are covered in a series of phases each year. Depending on your plan, the following coverage phases may apply:

Deductible Phase

If your Aetna Medicare Part D plan includes a deductible, this is the first phase of your coverage. Your deductible is how much you need to pay before your plan will start paying for medications. Keep in mind, your deductible may change each year, depending on your plan.

Initial Coverage Phase

Once your deductible is met, your initial coverage phase begins. What this means is that you’ll either pay a small copay (a fixed dollar amount) or coinsurance (a specific percentage of the remaining cost of medications after your deductible). Your plan will cover the rest of your medications. Similar to your deductible, your copay and coinsurance amounts may change from year to year.

Coverage Gap Phase (Medicare Part D “Donut Hole”)

If you reach the insurance limit on your Aetna Medicare Part D drug plan, you’ll enter a coverage gap, sometimes called the Medicare “donut hole.” Depending on your plan, this may mean that you’ll have to pay a bigger portion of the cost of your medications. There are varying levels of coverage in the gap, depending on your plan, so talk to a licensed agent to find out what to expect.

Catastrophic Coverage Phase

If your prescription medication charges meet the coverage gap limit, you’ll enter what’s called the catastrophic coverage phase. What this means is you’ll end up paying less for copayments or coinsurance than you did during your initial coverage phase or during your coverage gap. These lower rates will last until the end of your plan year, at which time your plan will re-enter the deductible phase (if your plan includes a deductible) or the initial coverage phase (if your plan doesn’t have a deductible).

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Have questions? Call this Medicare Part D phone number

Talk to a Licensed Agent

Talk to a Licensed Agent


Getting started with Medicare Part D can be complicated. If you have questions regarding Aetna Medicare Part D plans, eligibility, or enrollment, talk to a licensed agent today. Your agent will answer all your questions and help you find the right plan for you and your budget.

Apply for Medicare Part D today!

Ready to apply for Medicare? Get started by speaking with a licensed agent today at 1-888-364-7063.

Request your FREE Medicare insurance quote