If you have a Medicare prescription drug plan, there’s a gap in coverage after you’ve spent a certain amount on covered drugs — the so-called Medicare “donut hole.” While potential costs associated with the donut hole went down substantially in 2020, there remains a coverage gap that may affect what you pay for prescription drugs.... Kate Ashford is a writer at NerdWallet.
Stories Related to Medicare’s ‘donut Hole’ Has Shrunk But A Gap Remains
Kate Ashford, NerdWallet.com
Tue, 12/01/2020 - 5:48pm
Topics: personal finance
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Out-of-pocket costs charged during the initial coverage period will vary by plan. When you get to the coverage gap, or donut hole, you pay more for prescriptions until you spend enough to qualify for ...
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After you’ve reached the initial coverage limit, you move into the coverage gap, also known as the donut hole. Different plans will charge you set copay amounts for your medications during this ...
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