The Top 10 Medicare Prescription Drug Plan Providers

Medicare Prescription Drug Plans (PDPs)  are a type of health plan designed to provide prescription drug coverage for enrollees of Original Medicare, some Medicare Cost Plans, some Medicare Private-Fee-for-Service Plans, and Medicare Medical Savings Account Plans. PDPs are offered through private health insurers and other private companies that have been approved by Medicare.

In order to get coverage for their prescription costs, Medicare eligible individuals must either purchase a PDP or opt to get their Medicare coverage through a Medicare Advantage Plan (discussed in a previous commentary) that offers prescription drug benefits.

March 2015 data available from the Centers for Medicare and Medicaid Services (CMS) shows that close to 24 million Americans are now enrolled in Medicare Prescription Drug Plans.

Our compilation of the March 2015 CMS data yields this list of the Top 10 Medicare Prescription Drug Plan Providers: