Question: When I am in my Medicare Part D plan's Donut Hole or Coverage Gap, how much do I actually pay? I have already reached my 2012 Medicare Part D prescription drug plan's initial coverage limit of $2930. So what do I pay?
Answer: Is the amount I owe in the Donut Hole the difference between the $4,700 out of pocket limit and the $2,930 initial coverage limit (or $1770) or do I have to pay the entire $4,700?
Unfortunaley, we...
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Question: Although I understand that brand name drugs will be discounted 50% in the donut hole in 2011, my Medicare Part D plan’s monthly summary still shows that I will be responsible for 100% in what they term stage 2. Is this an error?
Answer: Complete Question: Although I understand that brand name drugs will be discounted 50% in the donut hole in 2011, my Medicare Part D plan’s monthly summary still shows that I will be responsible ...
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Question: I read that my negotiated retail prescription drug costs go toward meeting my Initial Coverage Limit before reaching my Medicare Part D plan's Donut Hole, but is this the normal retail drug cost or the total cost in my Explanation of Benefits letter?
Answer: No. Your Medicare Part D plan's negotiated retail prescription drug cost can be (and usually is) different than the retail price that your pharmacy charges and that is reported in your Explanation of ...
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Question: How do I know when I will reach my Medicare Part D plan's Donut Hole or Coverage Gap?
Answer: There are multiple ways to see how close you are to your Donut Hole. Here are a few examples of how you can tell when you have reached your Medicare Part D plan's Doughnut Hole (or Coverage Gap)...
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