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Medicare

Medicare can be complicated. Explore our guides to basic coverage, supplement plans, Medicare Advantage, and more.

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Life Insurance

We break down barriers to understanding life and final expense policies. View guides or read reviews of popular plans.

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Auto Insurance

We've done the work to learn what goes into auto insurance. View guides to getting the best rates or browse provider reviews.

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Home Insurance

Homeowners insurance doesn't work like you might think - we've done our homework to understand the policy options and benefits out there. Start by scouting your options, or viewing our reviews.

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Pet Insurance

Pet Insurance can be complicated. Explore our guides to basic coverage, end-of-life plans, chronic health conditions, and more.

Tiers

Back to Medicare Glossary Terms

In Medicare Part D, drug formularies categorize brand name and generic drugs into cost-sharing tiers and each plan can divide its tiers in different ways. An example of a plan’s tiers is as follows:

  • Tier 1 - lowest copayment with mostly generic drugs

  • Tier 2 - medium copayment with preferred, brand-name drugs

  • Tier 3 - high copayment with non-preferred, brand-name drugs

  • Speciality Tier - highest copayment with high cost drugs