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Prescription Drug Coverage

What is prescription drug coverage?

Prescription drug coverage is health insurance that includes the entire or partial cost of prescription drugs under its policy. Medicaid, Medicare or private insurers cover prescription drugs. Medicare provides prescription drug coverage under Medicare Part D.  

Why is prescription drug coverage important to healthcare?

Prescription drug coverage is important because it provides insurance beneficiaries with prescription drug options at a much more affordable price than out-of-pocket. More-accessible prescription drug options often result in better patient care and outcomes.