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Questions & Answers (FAQ)
The categories of Frequently Asked Questions (FAQs) can be found to the right. Simply click on one of the questions below or a category to the right.
| What are Tiers in Medicare Part D? |
Last Update : 19 October, 2006
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Tiers, according to the Centers for Medicare and Medicaid (CMS)are defined as:
Drugs on a formulary are often organized into different drug “tiers,” or groups of different drug types. Your cost depends on which drug tier your drug is in.
For example, a plan may form tiers this way:
- Tier 1 – Generic drugs.
- Tier 2 – Preferred brand-name drugs.
- Tier 3– Non-preferred brand name drugs.
Contact the plan to learn more about its specific tier structure.
(source: Medicare.gov)
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