Which Medicare part is specifically associated with prescription drug coverage?

Medicare Part D is specifically designed to provide prescription drug coverage to individuals enrolled in Medicare. This part of Medicare was introduced to help beneficiaries afford the medications they need to manage their health conditions. With Part D, enrollees can choose from various standalone prescription drug plans (PDPs) or, alternatively, obtain coverage through Medicare Advantage plans that include drug coverage (known as Part C).

Part D plans typically have a list of covered drugs (formulary), and beneficiaries pay a monthly premium, along with a share of the costs for their medications in the form of copayments or coinsurance. This coverage plays a significant role in improving access to necessary prescription medications, supporting the overall health and well-being of older adults and individuals with disabilities.

In contrast, other parts of Medicare serve different functions: Part A covers inpatient hospital care, skilled nursing facilities, hospice care, and some home health services; Part B focuses on outpatient care, preventive services, and doctor visits; and Part C is a way to receive Medicare benefits through private insurance plans that may include extra benefits but not specifically limited to prescription drugs. Hence, Part D is the correct choice for prescription drug coverage.