What is a Medicare Part D prescription drug plan?

Medicare Part D is a prescription drug plan offered to Medicare beneficiaries in the state of Washington. It is designed to help seniors and individuals with disabilities pay for the cost of prescription drugs. Part D covers both generic and brand-name drugs, including those prescribed for mental health, cancer, and HIV/AIDS. The Medicare Part D benefit is provided through private insurance companies that contract with the federal government. These insurance companies offer a variety of plans with different premiums, deductibles, and coverage. Many plans provide extra services such as health and wellness programs and convenient home delivery of medications. In order to receive coverage, a person must be enrolled in Medicare Part A or Part B, and must also enroll in a Part D plan. There are a few exceptions to this rule, such as individuals who qualify for low-income subsidies from the government, or those who qualify for medical assistance programs. Once a person is enrolled in a Part D plan, he or she pays a premium each month and a deductible before prescription drugs are covered. After the deductible is met, Medicare pays a portion of the cost for each prescription. The remaining cost is paid by the patient. Medicare Part D is intended to help lower the cost of prescription drugs and to assist beneficiaries in obtaining the medications they need. It is important to review the different plans available and to compare them to find the one that best meets your needs.

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What is a Medicare Part D prescription drug plan?

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