Your Health

Medicare Part D – Facts to Know

What Is Medicare Part D?

Medicare Part D is a part of Medicare that covers prescription drugs that are not covered in parts A and parts B. This voluntary option is provided by the federal government through private plans. There are two options for enrolling:

– MA-PD or Medicare Advantage prescription drug includes PPOs and HMOs, which cover all benefits of Medicare (including medications).

– Stand-alone PDP or prescription drug plan to complement standard Medicare.

The federal government covers 75 percent of drug expenses for Medicare Part D. However, you still need to pay other costs, such as deductibles, copays, and premiums. Rates and coverage may vary, depending on the selected plan. [1]