Medicare Part D is the Medicare coverage designed specifically to cover the prescription drug needs of Medicare enrollees. There are a wide variety of Medicare Part D policies available from different insurance carriers and their costs, benefit structures, participating pharmacies and prescription formularies (the list of approved prescription drugs that they cover) do vary so you will want to shop around.
Medicare Advantage plans, which are Medicare managed care plans, generally combine prescription drug coverage with their total package of benefits and so enrolling in a Medicare Advantage plan and taking out Medicare Part D coverage are mutually exclusive propositions.
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Medicare Advantage plans, which are Medicare managed care plans, generally combine prescription drug coverage with their total package of benefits and so enrolling in a Medicare Advantage plan and taking out Medicare Part D coverage are mutually exclusive propositions.