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DaleyCare Medicare Glossary
Learn more about Medicare. Start with these definitions.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
C
COST TIERS
Medicare uses a system of cost tiers to rank prescription drugs according to their out-of-pocket cost to enrollees. Generic drugs are Tier 1 (cheapest), brand-name drugs are Tier 2, and specialty drugs are Tier 3 (the most expensive).
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