Prescription Drug Plans

Prescription Drug Plans (PDPs) are insurance options that help cover the cost of medications prescribed by healthcare providers. They typically have a list of covered drugs called a formulary, and may require copayments or coinsurance. PDPs can be standalone plans or part of a Medicare Advantage plan. They help reduce out-of-pocket expenses and ensure access to necessary medicines. Coverage, costs, and available drugs vary between plans, so it's important to compare options based on your specific medication needs and prescription history to choose the most suitable plan.