Medicare Prescription Drug Plans (Part D) help cover the cost of prescription medications. These plans are offered by private insurance companies approved by Medicare and are designed to help beneficiaries manage the cost of both brand-name and generic drugs.

Part D coverage can be purchased as a stand-alone Prescription Drug Plan (PDP) for those with Original Medicare, or it may be included in many Medicare Advantage Prescription Drug (MAPD) plans.

Why Is Prescription Drug Coverage Important?

Prescription medications can be one of the largest healthcare expenses for many Medicare beneficiaries.

- A Part D plan helps:

- Lower prescription drug costs

- Provide access to pharmacy networks

- Protect against high medication expenses

- Improve medication affordability and adherence