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Medicare Prescription Payment Plan
Medicare Prescription Payment Plan (M3P) is a payment option that allows members to divide their prescription costs into monthly installments paid throughout the rest of the calendar year (in addition to monthly plan premiums). Participation is free and entirely voluntary, and anyone with a standalone Medicare prescription drug plan or a Medicare Advantage plan with prescription drug coverage is eligible to opt in to the program.
Within the Ops portal, you can manage Medicare Part D members and review their M3P program submissions or payments, and confirm whether they would like to opt in to the program or opt out.