Medicare Part D is prescription drug coverage insurance that is provided by private companies approved by Medicare.

What Is Part D (Medicare Prescription Drug Coverage)?

Medicare prescription drug coverage is insurance run by an insurance company or other private company approved by Medicare. There are two ways to get Medicare prescription drug coverage:

1. Medicare Prescription Drug Plans. These plans (sometimes called "PDPs") add drug coverage to Original Medicare, some Medicare Cost Plans, some Medicare Private Fee-for-Service (PFFS) Plans, and Medicare Medical Savings Account (MSA) Plans.

2. Medicare Advantage Plans (like an HMO or PPO) are other Medicare health plans that offer Medicare prescription drug coverage. You get all of your Part A and Part B coverage, and prescription drug coverage (Part D), through these plans. Medicare Advantage Plans with prescription drug coverage are sometimes called "MA-PDs."

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Medicare Part D is prescription drug coverage insurance that is provided by private companies approved by Medicare.

► Closing the Prescription Drug Coverage Gap
Sun, 16 Jan 2011 19:50:37 -0600

▲ Source: Centers for Medicare & Medicaid Services - PDF
http://www.medicare.gov/Publications/Pubs/pdf/11464.pdf


►► Related MedlinePlus Page: Medicare Prescription Drug Coverage
Medicare Prescription Drug Coverage: MedlinePlus