Which part of Medicare provides prescription drug plans?

Medicare Part D is specifically designed to provide prescription drug coverage for individuals who are enrolled in Medicare. This part of the program helps beneficiaries pay for the cost of medications, which can be a significant expense for many. Part D plans are offered by private insurance companies that are approved by Medicare, and they include various formulary options which determine the types of drugs covered at what costs.

Medicare Part A primarily covers hospital insurance, including inpatient stays, care in skilled nursing facilities, hospice care, and some home health care. Part B covers outpatient services, including doctor visits, preventive care, and some home health care, but does not include coverage for prescription medications. Medicare Part C, also known as Medicare Advantage, provides an alternative way to receive Medicare benefits that may include additional coverage options, but prescription drug coverage is specifically associated with Part D. Thus, it is Part D that directly addresses prescription drug needs, making it essential for beneficiaries requiring outpatient medication management.