Medicare drug plans are offered by insurance companies and other private companies approved by Medicare. You can get coverage 2 ways:
1. Medicare Prescription Drug Plans (sometimes called “PDPs”) add prescription drug coverage to Original Medicare, some Medicare Private Fee-for-Service (PFFS) Plans, some Medicare Cost Plans, and Medicare Medical Savings Account (MSA) Plans.
2. Medicare Advantage Plans (like HMOs or PPOs) or other Medicare health plans offer prescription drug coverage. You generally get all of your Medicare Part A (Hospital Insurance), Medicare Part B (Medical Insurance), and Part D through these plans.
Medicare Advantage Plans with prescription drug coverage are sometimes called “MA-PDs.” In this booklet, the term “Medicare drug plans” means all plans that provide Medicare prescription drug coverage.