How does it work?

If you select this payment option, each month you’ll continue to pay your plan premium (if you have one), and you’ll get a bill to pay for your prescription drugs (instead of paying the pharmacy). There’s no cost to participate in the Medicare Prescription Payment Plan.

When you fill a prescription for a drug covered by Part D, you won’t pay your pharmacy (including mail order and specialty pharmacies). Instead, you’ll get a bill each month from Jefferson Health Plans.

Even though you won’t pay for your drugs at the pharmacy, you’re still responsible for the costs. If you want to know what your drug will cost before you take it home, call Member Relations or ask your pharmacist.

This payment option might help you manage your monthly expenses, but it doesn’t save you money or lower your drug costs. The prescription drug law caps your out-of-pocket drug costs at $2,100 in 2026. 

CMS has developed a fact sheet with more information about the Medicare Prescription Payment Plan. It is available in English and Spanish.

Or watch this video about the new Medicare Prescription Payment Plan, and how it can help you manage the costs of your prescription drugs.

There are three ways to sign up for the Medicare Prescription Payment Plan:

• Online: You can securely sign up through CVS/caremark®. 
• By Phone: Call 1-855-582-2023 to speak to a representative.
• By Mail: Complete the M3P enrollment form (in English or Spanish) and following the instructions for mailing it back to Jefferson Health Plans.

For more information about the Medicare Prescription Payment Plan, call 1-855-582-2023.