Medicare Part D

(redirected from Part d)

Medicare Part D

An optional Medicare program (US) created under the Medicare Modernization Act of 2006, which covers the costs of prescription drugs. Eligibility for Part D requires enrolment in a prescription drug plan or Medicare Advantage plan with prescription drug coverage (MA-PD). Part D plans are approved and regulated by Medicare, but designed and administered by private health insurance companies.

Medicare Part D

The prescription drug benefit plan offered by Medicare beginning in January 2006. Detailed information about the plan can be obtained at Medicare's website: www.medicare.gov
References in periodicals archive ?
The association's proposals include greater use of generics for Part D low-income-subsidy enrollees.
Implemented a dozen years ago, the Medicare's prescription drug benefit (Part D) has outgrown its initial design and is in need of restructuring.
The Department of Health and Human Services recently proposed major reforms to Medicare's prescription drug benefit for seniors, known as "Part D." The Department hopes the plan will slash enrollee out-of-pocket spending on prescription drugs and improve access to a variety of crucial medications.
TOTAL MEDICARE PART D spending on EpiPen auto-injectors rose from $7.0 million in 2007 to $87.9 million in 2014--an increase of 1,151%, according to an analysis released by the Kaiser Family Foundation.
MedPAC staff noted that Medicare is becoming a more prominent payer for drugs in the wake of Part D's launch.
Henry Waxman (D-Calif.) and Senator Jay Rockefeller (D-W.Va.)--have responded with a proposal to save $112 billion over the next decade by requiring pharmaceutical manufacturers to pay a rebate on prescription drugs purchased by low-income enrollees under Medicare's drug benefit, known as Medicare Part D. According to Rep.
"Actually, Medicare Part D, which provides coverage for prescription drugs, operates on a very similar basis – private insurers receive government subsidies to provide various drug plans, and seniors select among the options that are available, paying more for greater coverage," Kaplan said.
* Expanding Medicare Part D's drug coverage to include six clinically sensitive mental health medications.
Poisal, J.A., et al, Health Spending Projections Through 2016: Modest Changes Obscure Part D's Impact.
Lundgren's main responsibilities included connecting with county offices interested in expanding their Medicare Part D education programs, and then creating brochures based to help educate seniors about the benefit.
Medicare Part D, the federal government's prescription drug plan for seniors, took effect, bringing with it a rise in both script counts and confused customers.
Two agencies are merging to form what they call a one-stop shopping area for state residents looking for information on the federal prescription drug program, Medicare Part D.