An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

PDP sponsor

An organization that offers a prescription drug plan to Medicare beneficiaries, often through a private insurance company.

MA-PD plan

A Medicare Advantage plan that also includes prescription drug coverage, offered by private insurance companies.

Medicare Part D

The part of Medicare that helps cover the cost of prescription drugs.

Network pharmacy

A pharmacy that has a contract with a health insurance plan or prescription drug plan to provide services to its members at a negotiated rate.

Pharmacy Benefit Manager (PBM)

A company that manages prescription drug benefits for health insurers, Medicare Part D plans, and large employers. They negotiate drug prices, process claims, and build pharmacy networks.

Essential retail pharmacy

A retail pharmacy that is not linked to a larger drug plan and is located in an area with limited access to other pharmacies, such as medically underserved or remote regions.

Medically underserved area

A geographic area designated by the federal government as having too few primary care providers, high infant mortality, high poverty, or a large elderly population.