What does Medicare Part D offer?

Medicare Part D specifically provides prescription drug coverage. It was created to help Medicare beneficiaries afford the cost of medications. Under Part D, beneficiaries can enroll in a plan that offers various tiers of coverage for prescription drugs, often including both generic and brand-name medications. This coverage can significantly reduce out-of-pocket expenses for the medications that beneficiaries need to manage their health conditions.

In contrast, inpatient hospital coverage is provided under Medicare Part A, which covers hospital stays and services. Long-term care coverage is typically not included in Medicare at all, as Medicare generally doesn't cover custodial or long-term care in facilities. Preventive services are offered under Medicare Part B, focusing on screening and preventive care to help detect potential health issues early on. Each part of Medicare has its distinct purpose, and understanding these differences is essential for beneficiaries to maximize their healthcare coverage.