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Prescription Drug Discount Card Program

A program developed by the Medicare Modernization Act of 2003 that offers eligible Medicare beneficiaries access to discount prices (10 to 25 percent) on a variety of prescription drugs. The program offers certain low-income individuals a $600 per year subsidy towards drug coverage.

Out-of-Pocket Maximum

A cap on the amount of money per year that individuals might pay for health care costs, excluding the premium cost. All costs above the…