You won’t find outpatient drug coverage in Medicare Part A or Part B, even though medicines are a large percentage of many seniors’ health care budgets. That’s one reason why, starting in 2006, Medicare began offering Part D, an optional program that helps cover the cost of prescription drugs. Prescription drug plans are offered by…

Walecia Konrad is a writer at NerdWallet. Email:

The article Understanding Medicare Prescription Drug Plans originally appeared on NerdWallet.

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