Prescription drug coverage for seniors refers to insurance plans that help cover the cost of prescription medications. This coverage can be obtained through Medicare Part D, Medigap plans, or Medicare Advantage plans with prescription drug coverage.

Medicare Part D is a prescription drug benefit provided by private insurance companies approved by Medicare. It helps cover the cost of prescription medications and is available to seniors who are eligible for Medicare.

Medigap plans, also known as Medicare Supplement plans, are insurance policies sold by private companies to help fill the gaps in Original Medicare coverage. Some Medigap plans offer coverage for prescription drugs.

Medicare Advantage, also known as Medicare Part C, is an alternative way for seniors to receive their Medicare benefits through private insurance companies. Many Medicare Advantage plans include prescription drug coverage.

Seniors can navigate the complex world of prescription drug coverage by researching their options, comparing plans, and seeking assistance from local resources such as SHIP (State Health Insurance Assistance Program) counselors.