What is the best pharmacy to use with SilverScript?
- Plus, local pharmacies nationwide.
Can I buy a stand-alone prescription drug plan?
Prescription drug insurance is available as a stand-alone plan. It works similar to medical insurance: You pay an annual premium and then have a copay or coinsurance cost at the pharmacy.
Can you get a stand-alone Part D plan?
The plan can be a “stand-alone” Part D drug plan — one that offers only drug coverage and is the type that can be used by people enrolled in the original Medicare program. Or it can be a Medicare Advantage plan (such as an HMO or PPO) that offers Part D drug coverage as well as medical coverage in its benefits package.
Which plan type allows enrollment into a stand-alone prescription drug plan?
In most cases, stand-alone prescription drug coverage refers to Medicare Part D plans that Medicare beneficiaries purchase to supplement Original Medicare (or to supplement a Medicare Advantage plan that doesn't already come with built-in Part D coverage, but 90 percent of Medicare Advantage plans do include Part D …
What does PDP stand for in insurance?
Beneficiaries can choose to enroll in either a stand-alone prescription drug plan (PDP) to supplement traditional Medicare or a Medicare Advantage plan, mainly HMOs and PPOs, that provides all Medicare-covered benefits, including prescription drugs (MA-PD).