Definitions for "Medicare Prescription Drug Plan"
A stand-alone drug plan, offered by insurance and other private companies to add prescription drug coverage to the Original Medicare Plan, Medicare Private Fee-for-Service Plans that don't have prescription drug coverage, and Medicare Cost Plans.
A private, supplementary plan that adds prescription drug coverage to an existing Medicare plan without prescription coverage. For more information on Medicare Prescription Plans, click here
A stand-alone drug plan, offered by insurers and other private companies to people with Medicare who receive benefits through the Original Medicare Plan; through a Medicare Private Fee-for-Service Plan that doesn't offer prescription drug coverage; or who have a Medicare Cost Plan, or Medicare Medical Savings Account Plan. Medicare Advantage Plans may also offer qualified prescription drug coverage that must follow the same rules as Medicare Prescription Drug Plan.