Prescription Drug Plan
/ˌprɛskrɪpʃən drʌɡ plæn/
Definitions
- (n.) A health insurance plan that specifically covers prescription medications under a regulatory framework, often part of government programs like Medicare Part D in the U.S.
The elderly beneficiary enrolled in a prescription drug plan to reduce medication costs.
Forms
- prescription drug plan
- prescription drug plans
Related terms
See also
Commentary
Typically used in the context of U.S. federal healthcare regulation, prescription drug plans require clear specification of covered drugs and cost-sharing terms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.