Standard prescription drug coverage

Standard prescription drug coverage means coverage of Part D drugs that meets the requirements of 423.104. The term standard prescription drug coverage must be either -
(1) Defined standard coverage (standard prescription drug coverage that provides for cost-sharing as described in § 423.104(d)(2)(i)(A) and (d)(5)(i)); or
(2) Actuarially equivalent standard coverage (standard prescription drug coverage that provides for cost-sharing as described in § 423.104(d)(2)(i)(B) or cost-sharing as described in § 423.104(d)(5)(ii), or both).

Source

42 CFR § 423.100

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Scoping language

As used in this part, unless otherwise specified-

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