What is a Medicare Prescription Drug Plan (Part D)?

Medicare Part D is a prescription-drug insurance program. Medicare Part D programs (PDPs) assist with the cost of drugs prescribed by a doctor. Private insurance companies that are licensed by Medicare offer Part D plans.

The U.S. government sets the list of medications that are covered by Medicare Part D plans. Every Medicare Part D plan covers a different subset of drugs beyond that list. When selecting a Medicare Part D plan, be sure it covers the medicines you require.

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