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Medicare Part D Glossary




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Jump to:
: : base beneficiary premium : : benefit period
: : beneficiary : : bonus drug list
: : benefit : : brand name drugs
: : benefit percentage


base beneficiary premium
The base beneficiary premium is the premium amount set by the Centers for Medicaid and Medicare Services annually as being the average premium available from PDP plans nationally. This amount may be more or less than the premium amount set for the PDP plan you select.

beneficiary
The person, persons or entity designated to receive benefits from an insurance policy.

benefit
Another name for coverage. For example, in a Medicare Part D plan, prescription drug costs that are paid for by your insurance plan are your benefits, or coverage.

benefit percentage
Percentage of covered expenses the plan pays after the deductible.

benefit period
A benefit period begins the first day you stay in a hospital or skilled nursing facility and ends when you have been out of the hospital or skilled nursing facility for 60 days in a row. If you go into the facility after one benefit period has ended, a new benefit period begins. There is no limit to the number of benefit periods you can have.

bonus drug list
An additional list of commonly used prescription drugs that are not covered by Medicare Part D like Alphrazolam, Lorazepam, and Temazepam, but are included in the UnitedHealth Rx plans.

brand name drugs
Pharmaceutical companies hold patents on the drugs that they develop for a certain amount of time, these drugs are sold under a trademarked brand name.


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Last updated on: 07/18/2008

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