Question

Describe Medicare Part D Prescription Drug Benefit.

Describe Medicare supplemental policies called Medigap or medsup policies.

Answer 1

1. Medicare Part D, also called the Medicare prescription drug benefit, is an optional United States federal-government program to help Medicare beneficiaries pay for self-administered prescription drugs through prescription drug insurance premiums

The standard benefits are :-

- deductible

- catastrophic coverage

- coverage gap or donut hole

- initial coverage period

2. Medigap or medsup policies :-

Medigap is extra health insurance that you buy from a private company to pay health care costs not covered by Original Medicare, such as co-payments, deductibles, and health care if you travel outside the U.S. Medigap policies don't cover long-term care, dental care, vision care, hearing aids, eyeglasses, and private- duty nursing .