Here's What Medicare Part D Costs and Covers in 2020
Medicare is an essential part of how retirees manage their finances. Historically, Medicare recipients only had access to hospital coverage under Part A and outpatient medical services like doctor visits under Part B. Over time, though, the program expanded to include different types of services, giving people the option of choosing either traditional Medicare or Medicare Advantage.
Prescription drug coverage under Medicare Part D is the newest addition to the Medicare lineup. Below, let's make a more in-depth examination of the details of Part D, including its coverage and costs for 2020.
Medicare Parts A and B come directly from the federal government, but that's not the case for prescription drug plans. Private insurers provide the coverage that Medicare Part D offers, and the specifics differ from plan to plan.
Source Fool.com
