Part D provides prescription drug coverage to Medicare enrollees. There is a late enrollment penalty if an enrollee does not join when he or she is first eligible. The prescription drug coverage is provided by a Medicare approved insurance company or private company. Part D includes cost sharing by enrollees.422
Footnotes
- 422. “Medicare Prescription Drug Coverage,” Available at: http://www.medicare.gov/navigation/medicare-basics/medicare-benefits/part-d.aspx.
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