What Does Medicare Drug Coverage Cost? 
Carriers of Medicare drug coverage usually offer 3 plans . The prices are usually in this range : $ 15/mo , $ 40/mo , $ 98/mo . $ 98/mo usually has a more extensive formulary - but most drugs are covered in the less expensive plans and frankly , I do n't have any clients that have purchased the $ 98 plan . The $ 40 plans usually have $ 0 deductible while the $ 5 plans have a $ 325 deductible.Remember that you incur a penalty if you do n't have drug coverage , so you should get something . 