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Medicare prescription drug coverage is insurance that covers both brand-name and generic drugs at participating pharmacies. One can receive Medicare Part D coverage regardless of income, resources, health status or current prescription expenses if they are already an approved Medicare beneficiary. Two options are available for receiving the Medicare Part D prescription drug coverage. One can decide to join a Medicare prescription drug plan or one can decide to join a Medicare Advantage Plan. Americans want ot have access to Medicare Prescription drug coverage and they want their medications to be low in cost but high in effectiveness. A recent study was conducted to examine how prescription drug access and prescription cost saving measures changed after Medicare Part D was implemented. The study was titled, “Effect of Medicare Part D and Insurance type on Medicare Beneficiary Access to Prescription Medication and use of Prescription Cost-Saving Measures.” Basically, conclusions of this particular study revealed that prescription drug access and use of cost saving measures have slightly improved since the implementation of Medicare Part D. Beneficiaries should keep in mind that many patients were able to request a less expensive form of the medication they were on and receive a less expensive generic type of medication. Author: Genny Germano
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