Almost 3.8 million Medicare beneficiaries will see at least 100 more medications on their 2023 Medicare Part D drug plan formulary
Watch for annual Medicare drug plan formulary changes.
With each new plan year - and throughout the plan year - your Medicare Part D plan (PDP) - or Medicare Advantage plan
that provides prescription coverage (MAPD) - can (and usually does) change their formulary or drug list,
introducing or removing medications.
Although Medicare drug plans often reduce the size of their formularies year-to-year
, almost 3.8 million Medicare beneficiaries currently enrolled in a 2022 Medicare Part D plan will see at least 100
medications added to their 2023 Medicare Part D drug plan's formulary.
The largest increase
in a 2023 stand-alone prescription drug plan
formulary size is the
MedicareBlue Rx Premier (PDP)
plan in PDP region 25
(IA, MN, MT, NE, ND, SD, and WY) with the addition
of 415 specific prescription drug or drug NDCs bring their formulary size up to 3,483 drugs in 2023 - up from 3,068
drugs in 2022.
Alternatively, only 123,442 members are currently enrolled in a stand-alone 2022 Medicare Part D prescription drug plan that will see
a 2023 reduction of at least 100 medications from their current plan formulary.
For example, the SecureRx - Option 1 (PDP)
in PA and WV
will lose 362 "NDCs" from their formulary.
A note about "NDCs" and determining the size of a formulary
Changes in the largest 2022 Medicare Part D formularies for 2023
The size of a Medicare Part D prescription drug plan
formulary is measured in NDCs or National Drug Codes
. These 11-digit
codes are used by doctors and pharmacies to uniquely
identify a medication, the strength, and the drug packaging. The NDC for
your personal prescription medication appears on the label of your prescription bottle.
(Please note: Throughout this article, we use the terms "drugs", "medications", and "NDCs"
interchangeably.) You can click here to see the Q1Rx Drug Finder results
of the graphic below:
Here are several further examples of 2022 stand-alone Medicare Part
D plans with the largest formularies and how their formularies are
2023. (Again, the formulary size in the chart below is measured in NDCs
or National Drug Codes - used by pharmacies to uniquely identify a
medication, the strength, and the packaging).
|2022 Medicare Part D Plans with the
Largest Formularies and Change for 2023
||2023 Formulary Size
|2022 Formulary Size
|AR BlueMedicare Premier Rx (PDP)
|PA WV Blue Rx PDP Complete and Plus plans
|CA SilverScript SmartRx (PDP)
|PR AARP MedicareRx Preferred (PDP)
|PA WV SecureRx - Option 1 (PDP)
|IL Blue Cross MedicareRx Value (PDP)
|NJ Horizon Medicare Blue Rx Enhanced (PDP)
|AZ Banner Medicare Classic Rx and Premier Rx plans
|FL BlueMedicare Complete Rx (PDP)
|NC Blue Medicare Rx Enhanced (PDP)
|FL Wellcare Medicare Rx Value Plus (PDP)
As in past years, although many of the largest 2022 drug plan formularies shown in the
table above are offered by "Blue" plans, several of the 2023 Medicare
Part D plans with the smallest formularies are also Blue plans.Important note about the size of a formulary:
A “larger” or “smaller” formulary does not
necessarily reflect on the quality or coverage of the Medicare drug
plan. Your goal when choosing a Medicare drug plan for next year is to
find a Medicare plan that offers the most affordable coverage for your
specific 2023 health and prescription needs.
How to see how your current formulary is changing in 2023?
|2023 Medicare Part D Plans with the
||2023 Formulary Size
|2022 Formulary Size
|MI Prescription Blue Select (PDP)
|AZ Amerivantage Rx Basic (PDP)
|CA Anthem Blue Cross MediBlue Rx Standard (PDP)
|CO Anthem MediBlue Rx Standard (PDP)
|KS Blue MedicareRx Value (PDP)
|NY Blue Rx Standard (PDP)
|OR WA Asuris Medicare Script Basic (PDP)
|IL Blue Cross MedicareRx Basic (PDP)
|NC Blue Medicare Rx Standard (PDP)
|FL BlueMedicare Premier Rx (PDP)
|AR BlueMedicare Value Rx (PDP)
|NJ Horizon Medicare Blue Rx Standard (PDP)
|IA MN MT NE ND SD WY MedicareBlue Rx Standard (PDP)
tools highlight coverage changes for each stand-alone Medicare Part D prescription drug
(PDP) and Medicare Advantage (MA or MAPD) plan and include 2022 / 2023 changes
plan features such as premium, deductible, cost-sharing and formulary
You can click on the "2022 Formulary
" or "2023 Formulary
" link in the PDP-Compare or MA-Compare to review the plan's actual formulary.
Browsing any Medicare plan’s formulary
Our Formulary Browser for both stand-alone Medicare Part D
plans and Medicare Advantage plans (MAPDs
) can be found at Formulary-Browser.com
. Using the Formulary Browser, you can browse by letter though each
plan’s entire formulary to review cost-sharing and the details of the drug’s
utilization management restrictions such as quantity limits, prior
authorization, and step therapy. Quantity limits are displayed as Q:30/90days meaning that this drug has
a quantity limit of 30 units (such as “tablets”) for a 90-day period.
You can also find the "Browse Formulary" link on the results list within our Medicare Part D Plan Finder (https://PDP-Finder.com/CA
) or the Medicare Advantage Plan Finder (https://MA-Finder.com/90210
Comparing drug costs across Medicare plans
Our Drug Finder is available at Q1Rx.com/2023
. Similar to our Formulary Browser, our Drug
Finder displays the cost-sharing and details of the utilization management
restrictions, but in the Drug Finder, this information is shown for a
particular drug across all plans in your chosen service area.
As an example, click
here to see the 50 Medicare Advantage plans available in Allegheny County, PA
(ZIP: 15228) that cover Advair Diskus MIS 250/50
Once you are on the Drug Finder
page, you can change the ZIP code to your ZIP and change the drug to your
For a stand-alone Medicare prescription drug plan example, click
here to review the 21 Medicare Part D drug plans available in Pennsylvania that cover
Advair Diskus MIS 250/50
. Again, change the
state to your state once you are on the Drug Finder page.
Need help finding the Medicare plan with the most affordable coverage?
Medicare beneficiaries can telephone Medicare at 1-800-633-4227, speak
with a Medicare representative, and learn more about 2023 Medicare
Part D and Medicare Advantage plans that most affordably meet their health and prescription needs.