Question

Medicare Part D has helped lower out of pocket drug costs for many seniors. Still, 43% of readers recently surveyed paid $500 or more on medicine in the previous year, and 20% spent at least $1,000. We have a prescription for people who pay out of pocket: Shop ________

Answer 1

Medicare Part D is a government program that helps seniors save on prescription drug costs through various assistance programs.

Step-by-step explanation:

Medicare Part D is a program that helps lower out-of-pocket drug costs for many seniors. It provides prescription drug coverage to Medicare beneficiaries. In this program, individuals pay an annual premium and deductible, and the federal government pays 75 percent of their prescription drug costs up to a certain limit.

For people who pay out of pocket, the prescription drug discount card program under the Medicare Prescription Drug and Modernization Act of 2003 can provide savings of approximately 15 percent to 25 percent annually.

In summary, Medicare Part D is a government program that helps seniors save on prescription drug costs through various assistance programs.