• Brad Gunning

What is Medicare Part D?

Updated: May 22, 2019

Medicare Part D prescription drug plan

Medicare Part D is Medicare's prescription drug benefit (sometimes also referred to as a PDP plan). Like Medicare Parts A and B, it is a United States federal-government program. Under Part D, the government subsidizes the costs of prescription drugs.

A Medicare Part D plan adds prescription drug benefits to Original Medicare. Each Part D plan has its own list of prescriptions that it covers. The Plan's list of covered drugs is divided into different tiers - each tier with a different cost. A qualified agent can help you sort through each plan.

About two-thirds of Medicare beneficiaries receive prescription drug coverage in either Medicare Part D or through a Part C Medicare Advantage plan.

Check out this blog for a breakdown of the cost of PDP plans in various states: How Much Does Medicare Part D Cost?

#Medicare #prescriptiondrug #MedicarePartD #PDPPlan

24 views0 comments

Recent Posts

See All

We are intimately familiar with the challenges seniors face regarding the cost of their medications. Sure, certain common generic medications can be free or inexpensive with a Medicare Part D plan in