The May 2024 Medicare Part D prescription drug plan formulary (drug list) data is now online
and included in our
Formulary Browser and
Q1Rx Drug Finder.
The May formulary updates include the addition of
99 new
National Drug Codes (NDCs), representing
52 different prescription drugs, many with multiple strengths.
The formulary updates impact both stand-alone Medicare Part D plans (
PDPs) and Medicare Advantage plans with drug coverage (
MAPDs).
Highlights of the May 2024 Formulary updates include ten (10) newly-introduced brand-name drugs
The May drug data updates include
fifteen (15) new brand-name drugs, ten (10) of which are newly introduced brand-name drugs, some with multiple strengths. These drugs include:
- CABTREO®,
- IXCHIQ®,
- JOENJA®,
- MOTPOLY XR®,
- NEXICLON XR®,
- OZOBAX DS®,
- ProctoFoam HC®,
- QDOLO®,
- RIVFLOZA®, and
- VEVYE®.
The May 2024 Formulary updates include ten (10) newly-added generic drugs
The May Medicare Part D drug data also includes
thirty-seven (37) new generic medications,
ten (10) of which are newly-introduced generic drugs. These new generic drugs include:
- AMETHIA [Simpesse®],
- BISOPROLOL FUMARATE [Zebeta®],
- BROMFENAC SOD [BromSite®],
- CETIRIZINE HCL [Zyrtec Syrup®],
- CYCLOSERINE [Seromycin®],
- DEFLAZACORT [Emflaza®],
- HEATHER [Sharobel 28-Day®],
- LOTEPREDNOL ETABONATE [Alrex®],
- MIFEPRISTONE [Korlym®], and
- TRIENTINE HCL®].
Please note that these new generic and brand-name drugs are not available on all Medicare Part D
or Medicare Advantage drug plans - and you can review the chart to see the (often limited)
number of plan formularies that now include these drugs.
You can read more about the new generics in our article:
May 2024 Drug List Updates: Thirty-seven (37) new generic drugs added to many Medicare Part D plan formularies.
Reminders about Medicare prescription drug plan formulary changes
- Medicare Part D plans (PDPs and MAPDs) can change their formulary or drug list during the year and may drop one of your formulary medication mid-year for specific Medicare-allowable reasons (such as a new generic drug is available), but there are steps you can take if your medication is no longer covered by your prescription drug plan.
- In most cases, your Medicare Part D plan
will notify you if the plan drops a medication you are currently using.
Good to know: What is the NDC?
The
NDC
or National Drug Code is used to uniquely identify a particular drug,
manufacturer, strength, and packaging combination. The NDC is often
shown on your prescription bottle as an 11-digit code (see the charts
below) or could be formatted as 00000-0000-00 where the first set of
numbers identifies the drug manufacturer, the second set of number
identifies the product and strength, and the third set of numbers
identifies the packaging. You can read more here:
Q1FAQ.com/155
Summary of May 2024 NDC changes
There are many reasons for NDCs to be added to the Medicare Part D
program, a summary for all 99 new May 2024 NDCs is as follows:
Reason for NDC Addition |
Occurrences |
New Delivery Form |
2 |
New Delivery Form and Strength |
2 |
New Drug |
30 |
New Drug and Strength |
22 |
New Drug, Delivery Form and Strength |
1 |
New Drug, Manufacturer and Strength |
4 |
New Manufacturer |
2 |
New Manufacturer and Delivery Form |
1 |
New Manufacturer and Strength |
21 |
New Manufacturer, Delivery Form and Strength |
6 |
New Strength |
8 |
Grand Total |
99 |
The following chart details the 99 new manufacturer / drug-strength /
packaging combinations (NDCs) that were added to one or more Medicare
Part D formularies in the most recent updates -- as you will notices,
some drugs are only covered by a few Medicare plans.
You can click on the Drug Name below to go to our Q1Medicare.com Drug Finder (
Q1Rx.com)
and see the details of how this drug is covered by all Medicare Part D
plans (PDPs) in Florida (our example state). You can then change the
state in our search form for details of drug coverage in your service
area.