Helping You Lower Medication Costs with Confidence and Clarity
Managing healthcare costs goes beyond doctor visits and hospital stays. Prescription drugs can be one of the biggest ongoing expenses for seniors. That’s where Medicare Prescription Drug Plans (Part D) come in. These policies are designed to make medications more affordable by lowering out-of-pocket costs and giving you access to the prescriptions you need.
At McShannon Insurance Plus, we help individuals and families in Greenville and across Texas find the right Part D plan. Whether you take just a few prescriptions or manage several medications daily, we’ll make the process easy to understand.
You won’t have to figure it out on your own. Our licensed, local agent will review your prescriptions, explain your options, and help you choose coverage that fits both your health needs and your budget.
Original Medicare (Parts A and B) doesn’t include prescription drug coverage, which means you’d be paying full price at the pharmacy. A Medicare Prescription Drug Plan (Part D) helps close that gap by reducing your costs and protecting you from rising medication prices.
Here’s why so many people in Greenville enroll in a Part D plan:
Lower Out-of-Pocket Costs: Reduce what you spend on both brand-name and generic prescriptions.
Access to a Wide Range of Medications: Formularies cover everything from common prescriptions to specialty drugs.
Protection Against Rising Costs: Part D keeps your drug expenses under control and predictable.
Large Pharmacy Networks: Pick up prescriptions locally or through convenient mail-order services.
Coverage for Chronic Conditions: Many plans include medications needed for long-term health management.
With the right plan, you can stay healthy without stressing over pharmacy bills.
Every person has a unique list of prescriptions and pharmacy preferences, which is why choosing the right Medicare Prescription Drug Plan requires more than guesswork. We take the time to match you with the coverage that fits your exact situation.
Plan Comparisons Side-by-Side
We’ll compare different Medicare Part D plans available in Texas, showing you which ones cover your medications and what you’ll pay at the pharmacy. Our goal is to simplify the process and give you clarity, not confusion.
Licensed Local Guidance
At McShannon Insurance Plus, you’ll always work with a licensed agent who knows Medicare Part D inside and out. We’re not a call center. You’ll get personal guidance from someone who cares about helping you make the best choice.
Enrollment Without the Stress
Paperwork and deadlines can be overwhelming, but we’ll walk you through each step. Whether you’re enrolling when you first become eligible, during the Annual Enrollment Period, or making a switch later on, we’ll make sure you’re covered.
Annual Plan Reviews
Drug plans can change from year to year, and so can your prescriptions. We offer free yearly reviews to confirm your plan is still the right fit. If a better option exists, we’ll explain it and help you switch smoothly.
Not all drug plans are the same. Each has its own formulary, pharmacy network, and cost-sharing structure.
Standalone Part D Plans
These work with Original Medicare or a Medicare Supplement Plan to add prescription drug coverage.
Medicare Advantage Plans with Drug Coverage
Some Medicare Advantage (Part C) plans include prescription benefits, combining hospital, medical, and drug coverage in one policy.
Tiered Formularies
Most Part D plans use drug tiers that affect your copayments. Generic medications are usually less expensive, while brand-name and specialty drugs may cost more.
Preferred Pharmacy Networks
Many plans offer the lowest copays when you use in-network pharmacies. We’ll make sure your pharmacy is included.
We’ll help you understand which plan works best for your medications and your budget.
Even a small mistake with Medicare Part D can lead to higher costs or uncovered prescriptions. Here are the most common pitfalls, and how to avoid them.
Waiting Too Long to Enroll
Delaying enrollment can lead to lifelong late penalties that drive up your costs unnecessarily. Signing up on time protects you from these fees.
Choosing Based on Premium Alone
The lowest premium doesn’t always mean the lowest total cost. A plan with higher copays or uncovered drugs could end up costing more.
Not Reviewing the Formulary
Every plan has its own list of covered medications. If your prescriptions aren’t included, you could be left paying out-of-pocket. Checking the formulary is essential.
Overlooking Pharmacy Networks
Plans often provide the best savings at preferred pharmacies. If your pharmacy isn’t in-network, your costs could be much higher. We’ll make sure you’re covered.
Skipping Annual Reviews
Drug plans change each year. Formularies, premiums, and networks shift, which can leave you with surprise costs. An annual review keeps your plan aligned with your needs.
Assuming All Plans Are the Same
Part D coverage varies widely. Benefits, costs, and service levels are not identical, even if the plans look similar. We’ll compare them so you can pick the right fit.
Listening to Generic Advice
Friends or TV ads may mean well, but what works for someone else may not be right for you. Personalized guidance helps you avoid costly mistakes.
Sorting through Medicare drug coverage on your own can be frustrating. That’s why we provide clear, personal support every step of the way.
At McShannon Insurance Plus, our guidance doesn’t stop at drug coverage. We provide complete Medicare support so you have peace of mind with every part of your healthcare. Whether you’re looking for extra protection, bundled coverage, or enrollment help, we’re here to assist you every step of the way.
If you’re sticking with Original Medicare but want help covering costs like deductibles, coinsurance, and copayments, Medicare Supplement Plans (Medigap) can fill the gaps. We’ll walk you through your choices and explain which plan best protects your budget.
For those who prefer all-in-one coverage, Medicare Advantage Plans combine hospital, medical, and prescription benefits into a single policy. Many also include dental, vision, and hearing coverage. We’ll compare plans available in your area and match you with one that suits your lifestyle and needs.
Medicare Enrollment Assistance
Getting started with Medicare can be confusing, but you don’t have to do it alone. From your first enrollment to yearly reviews and plan changes, we’ll guide you through the process. We make sure you avoid penalties, missed deadlines, and unnecessary stress.
McShannon Insurance Plus proudly serves clients across Texas. While our office is in Greenville, we regularly help residents in Garland, Mesquite, Rockwall, Rowlett, Dallas, and nearby areas.
A standalone Part D plan works with Original Medicare to cover prescriptions, while some Medicare Advantage plans include drug benefits within one policy. We’ll explain both and help you decide which option works best.
You can sign up during your Initial Enrollment Period when you first qualify for Medicare, or during the Annual Enrollment Period from October 15 to December 7. Special Enrollment Periods may also apply if your situation changes.
If you have credible prescription drug coverage (such as through an employer), you may not need a Medicare Part D plan.
Yes, you can switch during Medicare’s Annual Enrollment Period or in certain qualifying circumstances. We’ll guide you through the process and make sure the transition is smooth.
No, formularies vary by plan. That’s why it’s important to confirm your medications are covered before enrolling. We’ll compare plans to make sure your prescriptions are included.
Not at all. Costs, pharmacy networks, and drug lists can differ significantly. We’ll break down the differences and help you find the plan that fits your health needs and budget.
Medicare Prescription Drug Plans can make a big difference in managing your healthcare costs, but only if you choose the right one. Let’s sit down together, review your prescriptions, and find the Part D plan that works best for you.
Call McShannon Insurance Plus today or schedule your free consultation online. We’re proud to serve Greenville and the entire East Texas region with straightforward, personal Medicare support.
