Part D Plans for Texas Medicare Eligibles

Medicare Part D – Prescription Drug Coverage explained

Medicare is a type of health insurance that the federal government offers to people who are 65 years of age or older. It is also provided for certain younger people who suffer from disabilities and others who suffer from fatal diseases.
There are different types of Medicare coverage, including Medicare Part A, Medicare Part B, Medicare Part C, and Medicare Part D.

How do I get Medicare Part D Prescription Drug Coverage?

Individuals who want to get Medicare Part D prescription drug coverage must join a plan that is run by a private company or a Medicare-approved insurance company. There are several types of Medicare Part D Prescription Drug Coverage plans. The cost of each plan depends upon the plan type and the drugs covered under that plan. Generally, though, there are two types of Medicare Part D coverage plans:

1. Medicare Prescription Drug Plans (PDPs) are those that simply add prescription drug coverage to Original Medicare. These types of plans can also add prescription drug coverage to some Medicare Medical Savings Account (MSA) Plans, some Medicare Private Fee-for-Service (PFFS) Plans and some Medicare Cost Plans.
2. Medicare Advantage (MA) Plans are simply Medicare Part C Plans. They provide people with hospital insurance, medical insurance and prescription drug coverage; all are covered through their plans. Not all MA Plans come with this coverage. In order to get this type of coverage, individuals must have both Medicare Part A and Medicare Part B through their providers.