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Medicare Part D

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

Deductible

The amount you must pay for covered healthcare services or drugs yourself before your insurance plan starts to pay.

Cost-sharing

The portion of healthcare service or drug costs that you are responsible for paying, such as co-payments or co-insurance.

Step therapy

A practice where an insurance plan requires you to try a less expensive or preferred medication first before it will cover a more expensive or non-preferred medication for your condition.

Prior authorization

A requirement from your health insurance plan that your doctor obtain approval before certain drugs or medical services are covered.

Opioid receptors

Specific sites on nerve cells, primarily in the brain and spinal cord, where opioid drugs attach to produce their pain-relieving effects, as well as other effects like addiction.

Wholesale Acquisition Cost (WAC)

The list price for a drug paid by wholesalers to drug manufacturers, before any discounts or rebates.