Hello, Toni,
I am a 68-year-old male on a Medicare Advantage plan through my last employer. How does the new TrumpRx plan fit into Medicare? Currently, Express Scripts manages my Part D plan.
Thank you, Toni.
— Mike from Cypress, Texas
Hi, Mike,
On Feb. 5, TrumpRx, the new federal direct-to-consumer web platform for discounted prescription drugs, was officially launched by the Trump administration. TrumpRx.gov aims to provide prices for many popular medicines similar to the lowest paid by other developed nations.
It is important that those enrolled in a Part D plan or employer/individual health insurance with prescription drug benefits know that TrumpRx will not lower the cost of your prescriptions in that specific plan. The TrumpRx coupon is for cash-only purchases, and the costs do not count toward your Medicare Part D deductible or out-of-pocket maximum. Research which way costs less, either your prescription drug Part D plan’s copays or cost of the covered prescription, or the prescription drug’s cost with the TrumpRx coupon discount.
It’s also important to know that the TrumpRx discount prescription drug plan is not considered a creditable Medicare Part D plan. Using TrumpRx or a discount prescription drug platform such as GoodRx will not keep you from getting a penalty for not enrolling in a Part D plan.