What does Medicare Part D primarily cover?

Medicare Part D primarily covers prescription drug coverage, providing beneficiaries with access to a variety of medications at reduced costs. This component of Medicare was established to help seniors manage their healthcare expenses, particularly concerning the rising costs of prescription medications. Beneficiaries can choose from various plans that offer different drug formularies, networks, and pricing structures, ensuring that they can find a plan that meets their specific medication needs and budget.

In contrast, hospitalization is covered under Medicare Part A, preventative services fall under Medicare Part B, and long-term care is not comprehensively covered under Medicare at all. Each part of Medicare serves a distinct purpose, and understanding these differences helps beneficiaries effectively navigate their healthcare options.