Prescription Drug Plan

prescription drugMedicare Prescription Drug Plans are also called Medicare Part D. These Medicare Prescription Drug Plans add prescription drug coverage to certain Medicare Plans. They are offered by insurance companies and other private companies approved by Medicare. You may have to pay a late enrollment penalty if you do not sign up for Medicare prescription drug coverage when you’re first eligible.

Terry needed to add a Medicare Prescription Drug Plan to his Medicare Parts A and B to help treat a long-term condition.