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Medicare Part D

Prescription-drug coverage for people on Medicare, bought separately from medical coverage. A stand-alone Part D plan (a PDP) covers drugs only, so a Part D member is not the same thing as a medical member -- and this is the counting trap: some insurers fold Part D members into their headline membership total and some report them outside it, so two companies' totals can differ by millions of people for definitional reasons alone. Read Part D enrollment as its own line, never as an addend to a medical count.

Related terms

Accounts Payable · Adjusted EBITDA · Adjusted EBITDA Ex-SBC · Administered-Only Members · ADR · ARPU

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