What type of insurance provides prescription drug coverage through a private company?

The correct choice is the prescription drug plan, as it specifically refers to a type of insurance that covers the costs of prescription medications. These plans are typically offered by private insurance companies and are designed to help individuals manage the costs associated with taking prescribed medications, reducing out-of-pocket expenses.

Prescription drug plans often work alongside other health insurance coverage, such as Medicare or private health insurance, to provide comprehensive health care support. They can cover a wide range of medications, and their terms, including coverage limits and copay amounts, can vary by plan.

Health insurance more broadly may cover some medications but does not specifically focus solely on prescription drug coverage. Medicare is a federal program that includes prescription drug coverage, but it operates within a larger health coverage framework and does not represent the private companies providing specific drug plans. Long-term care insurance, on the other hand, is related to long-term supportive services and does not include prescription drug coverage.