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Medicare Part D
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- A health plan offered by private insurance companies that contract with Medicare. A Medicare Advantage health plan provides Medicare Part A and B medical benefits and many offer prescription drug coverage.
Medicare Supplement (Medigap)
- A health insurance plan that covers various out-of-pocket expenses (e.g. deductibles, co-payments, co-insurance costs) not covered by Medicare Part A and Part B. Medigap plans do not offer prescription drug coverage.
Prescription Drug Plan
- A drug insurance plan that provides coverage for a pre-defined list of prescription medications. Prescription Drug Plans belong to Medicare Part D. Prescription drug plans do not offer medical benefits other than prescription drug coverage.
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