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Prescription Drug Plan (PDP)

Medicare Glossary

A standalone Medicare Part D plan that adds prescription drug coverage to Original Medicare. PDPs are offered by private insurance companies approved by Medicare and cover a specific list of drugs (formulary) with varying cost-sharing tiers.

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This content is for educational purposes only and does not constitute a recommendation of any specific Medicare plan. Benefits, costs, and availability vary by plan and location. For complete information about your Medicare options, visit Medicare.gov or call 1-800-MEDICARE (1-800-633-4227), TTY: 1-877-486-2048, available 24 hours a day, 7 days a week.