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A prescription drug plan (PDP) – or "stand-alone prescription drug plan" – is one of two main ways that Medicare beneficiaries can purchase coverage that subsidizes the costs of prescription drugs. A PDP can be purchased by a beneficiary with Original Medicare or Medigap coverage and – in some cases by Medicare Advantage (MA) beneficiaries who don't have a prescription drug benefit included in their MA plan. An MA plan that does include the benefit is known as as a Medicare Advantage prescription drug plan (MAPD).
https://www.medicareresources.org/glossary/prescription-drug-plan-pdp/
Medicare Heads Up: May 27, 2020 | medicareresources.org
In this edition: House bill would would require all health insurers to cover full cost of COVID-19 treatment; CMS announces special enrollment period for Medicare Advantage and Part D; CMS gives beneficiaries extra time to sign up for Part B; major telehealth provider is now accepting Part B patients; Part D savings program expected to cut insulin costs significantly; CMS broadens eligibility for Medicare Advantage chronic conditions program.
https://www.medicareresources.org/blog/medicare-heads-up-may-27-2020/
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