Click here to see a comparison of plan parameters for all years since 2006
Medicare Part D Benefit Parameters for Defined Standard Benefit 2017 through 2021 Comparison |
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Part D Standard Benefit Design Parameters: | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||||
Deductible - After the Deductible is met, Beneficiary pays 25% of covered costs up to total prescription costs meeting the Initial Coverage Limit. | $445 | $435 | $415 | $405 | $400 | |||||||||||
Initial Coverage Limit - Coverage Gap (Donut Hole) begins at this point. (The Beneficiary pays 100% of their prescription costs up to the Out-of-Pocket Threshold) | $4,130 | $4,020 | $3,820 | $3,750 | $3,700 | |||||||||||
Out-of-Pocket Threshold - This is the Total Out-of-Pocket Costs including the Donut Hole. | $6,550 | $6,350 | $5,100 | $5,000 | $4,950 | |||||||||||
Total Covered Part D Drug Out-of-Pocket Spending including the Coverage Gap - Catastrophic Coverage starts after this point. See note (1) below. |
$9,313.75 (1) | $9,038.75 (1) | $7,653.75 (1) | $7,508.75 (1) | $7,425.00 (1) | |||||||||||
Total Estimated Covered Part D Drug Out-of-Pocket Spending including the Coverage Gap Discount (NON-LIS) See note (2). | $10,048.39 plus a 75% discount on all formulary drugs |
$9,719.38 plus a 75% discount on all formulary drugs |
$8,139.54 plus a 75% brand discount |
$8,417.60 plus a 65% brand discount |
$8,071.16 plus a 60% brand discount |
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Catastrophic Coverage Benefit: | ||||||||||||||||
Generic/Preferred Multi-Source Drug (3) | $3.70 (3) | $3.60 (3) | $3.40 (3) | $3.35 (3) | $3.30 (3) | |||||||||||
Other Drugs (3) | $9.20 (3) | $8.95 (3) | $8.50 (3) | $8.35 (3) | $8.25 (3) | |||||||||||
Part D Full Benefit Dual Eligible (FBDE) Parameters: | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||||
• Deductible | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
• Copayments for Institutionalized Beneficiaries | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
Maximum Copayments for Non-Institutionalized Beneficiaries | ||||||||||||||||
Up to or at 100% FPL: | ||||||||||||||||
• Up to Out-of-Pocket Threshold | ||||||||||||||||
- Generic / Preferred Multi-Source Drug | $1.30 | $1.30 | $1.25 | $1.25 | $1.20 | |||||||||||
- Other Drugs | $4.00 | $3.90 | $3.80 | $3.70 | $3.70 | |||||||||||
• Above Out-of-Pocket Threshold | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
Over 100% FPL: | ||||||||||||||||
• Up to Out-of-Pocket Threshold | ||||||||||||||||
- Generic / Preferred Multi-Source Drug | $3.70 | $3.60 | $3.40 | $3.35 | $3.30 | |||||||||||
- Other Drugs | $9.20 | $8.95 | $8.50 | $8.35 | $8.25 | |||||||||||
• Above Out-of-Pocket Threshold | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
Part D Full Subsidy - Non Full Benefit Dual Eligible Full Subsidy Parameters: | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||||
Eligible for QMB/SLMB/QI, SSI or applied and income at or below 135% FPL and resources ≤ $9,470 (individuals in 2021) or ≤ $14,960 (couples, 2021) (4) | ||||||||||||||||
• Deductible | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
• Maximum Copayments up to Out-of-Pocket Threshold | ||||||||||||||||
- Generic / Preferred Multi-Source Drug | $3.70 | $3.60 | $3.40 | $3.35 | $3.30 | |||||||||||
- Other Drugs | $9.20 | $8.95 | $8.50 | $8.35 | $8.25 | |||||||||||
• Maximum Copay above Out-of-Pocket Threshold | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||
Partial Subsidy Parameters: | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||||
Applied and income below 150% FPL and resources between $14,790 (individual, 2021) or $29,520 (couples, 2021) (category code 4) (4) | ||||||||||||||||
• Deductible | $92.00 | $89.00 | $85.00 | $83.00 | $82.00 | |||||||||||
• Coinsurance up to Out-of-Pocket Threshold | 15% | 15% | 15% | 15% | 15% | |||||||||||
• Maximum Copayments above Out-of-Pocket Threshold | ||||||||||||||||
- Generic / Preferred Multi-Source Drug | $3.70 | $3.60 | $3.40 | $3.35 | $3.30 | |||||||||||
- Other Drugs | $9.20 | $8.95 | $8.50 | $8.35 | $8.25 | |||||||||||
(1) Total Covered Part D Spending at Out-of-Pocket Threshold for Non-Applicable Beneficiaries - Beneficiaries who ARE entitled to an income-related subsidy under section 1860D-14(a) (LIS) | ||||||||||||||||
(2) Total Covered Part D Spending at Out-of-Pocket Threshold for Applicable Beneficiaries - Beneficiaries who are NOT entitled to an income-related subsidy under section 1860D-14(a) (NON-LIS) and do receive the coverage gap discount. For 2021, the weighted gap coinsurance factor is 87.5872%. This is based on the 2019 PDEs (89.50% Brands & 10.50% Generics) | ||||||||||||||||
(3) The Catastrophic Coverage is the greater of 5% or the values shown in the chart above. In 2021, beneficiaries will be charged $3.70 for those generic or preferred multisource drugs with a retail price under $74 and 5% for those with a retail price greater than $74. For brand-name drugs, beneficiaries would pay $9.20 for those drugs with a retail price under $184 and 5% for those with a retail price over $184. | ||||||||||||||||
(4) This amount includes the $1,500 per person burial allowance. The resource limit may be updated during contract year 2021. |
Click here to see a comparison of plan parameters for all years since 2006
Click here to see a comparison of plan parameters for all years since 2006
2021 Full Low-Income Subsidy Income Requirements (135% of FPL) | |||
Persons in Family | 48 Contiguous States & D.C. | Alaska | Hawaii |
1 | $17,388 | $21,722 | $20,007 |
2 | $23,517 | $29,390 | $27,054 |
3 | $29,646 | $37,058 | $34,101 |
4 | $35,775 | $44,726 | $41,148 |
5 | $41,904 | $52,394 | $48,195 |
6 | $48,033 | $60,062 | $55,242 |