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The Part B Medicare (health insurance) covers a limited number of outpatient prescription drugs under limited conditions related to drugs that you would not normally self-administer, such as those you receive in a doctor's office or hospital outpatient setting.
Examples of outpatient prescription drugs covered by Part B include the following:
You pay 20% of the Medicare-approved amount for Part B-covered outpatient prescription drugs, including the Part B deductible. In a hospital outpatient setting, you pay a 20% copayment. If your hospital participates in a "340B" outpatient drug discount program, your copayment will be 20% of the lower price, with some exceptions. Doctors and pharmacies must accept assignment for Part B drugs, so you should never pay more than the coinsurance or copayment for the Part B drug itself.
You pay 100% for prescription drugs, not covered by Part B, that you receive in a hospital outpatient setting, unless you are enrolled in a Part D plan or other prescription drug coverage. With the Part DYour cost depends on whether your drug plan covers the drug and whether the hospital is in your drug plan's network. Contact your prescription drug plan to find out the cost of prescription drugs you get in an outpatient hospital setting that aren't covered by Part B. You can refer to the form your Part D plan to see what outpatient drugs are covered.