What is a Preferred Pharmacy? A Preferred Pharmacy is a pharmacy that has an affiliation or arrangement with a specific Health Plan/Part D Plan. When a Pharmacy is preferred it will have a lower copay for a medication then other pharmacies in the area. If you are considering a certain health insurance plan and have a specific pharmacy you use, check to see if it is a Preferred Pharmacy, it could save you money in the long run.
Check with your Medicare Advisor, he can check if your Pharmacy is Preferred.