If you’re struggling to manage your prescription copays, the Medicare Prescription Payment Plan, also called M3P or MPPP, may be right for you.
It's a new government program that allows you to pay a capped monthly payment for your prescription copays, so you don’t have to worry about paying everything all at once at the pharmacy.
This program may help you manage your costs, but it won't change how much you pay for your prescriptions. It won't lower your drug costs, but you also won't be charged any interest.
As part of the Inflation Reduction Act, this program will be available in 2025 for Medicare Advantage members with prescription drug coverage, as well as members with Part D prescription drug plans.
While anyone can sign up, this program works best for people with high-cost presciptions throughout the year.
If you’re low income and have certain resource limits, the government's low-income subsidy program called Extra Help might be a better fit for you. Unlike this payment plan, Extra Help can save you a significant amount of money on prescriptions.
If you have this payment plan, you no longer pay anything at the pharmacy.
When you get a prescription filled, we'll automatically let the pharmacy know you're participating in this payment option. You'll then receive a monthly bill from Blue Cross Blue Shield of Michigan.
The total of your monthly bill can vary. It’s based on what you would have paid for any prescriptions you get, your previous month’s balance and the number of months left in the year.
Depending on when you sign up, your first month's bill could be calculated differently than the remaining months of the year. This means the first month’s bill will be higher than the following months if you sign up later in the year. This calculation is determined by the government.
Even though you won't pay for your drugs at the pharmacy, you're still responsible for the costs. If you want to know what your drug will cost before you take it home, ask your pharmacist.
Your total yearly cost can never exceed the Part D out-of-pocket maximum, which is $2,000 in 2025.
You can learn more about this program by reading a Fact Sheet from the Centers for Medicare & Medicaid Services. You can find more information about monthly bill calculations on page six of the Fact Sheet.
You can sign up a few different ways, but it's easiest to get started with your online member account.
Don't have an account with us yet? Register now.
If you'd rather sign up by mail, send us a completed Medicare Prescription Payment Plan Participation Request Form (PDF).
You can also get started by signing up online. You'll be taken to an external site where your information will be encrypted and securely sent.
Or you can call the number on the back of your Blue Cross member ID card.
You can cancel or opt out of your payment plan at any time by calling the number on the back of your Blue Cross member ID card.
Keep in mind that you're required to pay any amount you may owe. You can choose to pay that amount all at once or to pay monthly installments.