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Aug, 07 2024 — In 2024, the Inflation Reduction Act,
eliminated cost-sharing for all formulary drugs purchased in the
Catastrophic Coverage phase. For information about the current plan year, please see: Q1Faq.com . . .
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Jun, 12 2024 — All Insulin products covered by your Medicare Part D drug plan will cost $35 or less for a 30-day supply.
In 2023, the Inflation Reduction Act
(IRA) introduced an insulin cost-saving provision - s . . .
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Jun, 09 2024 — Insulin products covered by a Medicare Part D plan will always cost $35 or less for a 30-day supply, but, in 2023, when purchased in the initial deductible, the deductible will be reduced by the insul . . .
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Apr, 20 2024 — No. If you have not enrolled in a Medicare Part D prescription drug plan, then you will not be eligible for the $250 Donut (or Doughnut) Hole rebate.
The $250 Doughnut Hole rebate is only ava . . .
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Dec, 31 2023 — Plan year 2023 was the last year for partial Extra Help, when you could have a deductible based on your FPL level (see below for explanation). For plan year 2024, the Inflation Reduction Act (IR . . .
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Jul, 12 2023 — The $250 rebate check will be sent automatically from Medicare. The mailing envelope will have a US Health & Human Services (HHS) symbol or logo and the printed words "Medicare Part D" . . .
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Jul, 11 2023 — The actual number of people who received a $250 Medicare Part D Donut Hole rebate checks was listed by the Department of Health and Human Services as: 3,756,677 with a total cost of: $939,169,250.
A . . .
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Jul, 09 2023 — No. If you receive any financial “Extra Help”, you will NOT be eligible for the $250 Part D rebate.
Even if you are receiving only partial “Extra Help” you are NOT eli . . .
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May, 31 2023 — If you are becoming eligible for Medicare during 2018, it will probably depend on the time of year when Medicare is issuing new Medicare cards and where you live to determine whether you receive an ol . . .
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May, 31 2023 — Even if your Medicare Part D plan has no coverage in the gap, starting in 2011, you receive a discount on your medications while in the coverage gap. For generic drugs, you would pay the following per . . .
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Sep, 01 2022 — No. The $250 rebate is paid to everyone who reaches the 2010 Coverage Gap or Doughnut Hole portion of their Medicare Part D prescription drug plan and is not dependent on your out of pocket cost . . .
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Aug, 30 2022 — The one-time, tax free $250 Part D rebate checks will be mailed approximately 45 days after your Medicare Part D plan notifies Medicare that you have reached the 2010 Coverage Gap portion of your pres . . .
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Aug, 02 2022 — The Centers for Medicare and Medicaid Services (CMS) is mailing new Medicare cards to all 57.7 million Medicare beneficiaries (starting back in April 2018) and will continue through April 2019*.
Up . . .
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May, 19 2022 — No. There is nothing in the Affordable Care Act requiring you to join a Medicare Advantage plan (private HMO or PPO). You will be able to continue with Original Medicare Part A, Part B and join . . .
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May, 19 2022 — Complete Question: For 2011 you indicate that the full retail cost of drugs while in the donut hole will apply to the amount required to get out for name brands even though I'm only paying 50%. I talk . . .
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Mar, 13 2022 — Update - Mailing of New Medicare Cards is complete - New Card, Same Benefits
The Centers for Medicare and Medicaid Services (CMS) is mailing new
Medicare cards through April 2019 - and your new Me . . .
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Mar, 13 2022 — Unfortunately, the $250 Donut Hole rebate was only offered in 2010.
Starting in 2011, anyone who reaches the Donut Hole or Coverage Gap portion of their Medicare Part D prescription drug plan . . .
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Jul, 13 2021 — Around $4,082 in 2021. Your actual savings in your Medicare Part D prescription drug plan's Donut Hole or Coverage Gap will depend on several things including your Medicare Part D plan’s c . . .
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Jun, 16 2021 — No. The $250 rebate is based only on your 2010 prescription medication expenditures. Your 2009 prescription costs do not count toward the $250 rebate.If you enter the Coverage Gap sometime in 20 . . .
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Jun, 16 2021 — No. You do not need to do anything to receive the $250 rebate – aside from reaching the 2010 Doughnut Hole.Your 2010 Medicare Part D plan will notify Medicare when you reach the Coverage G . . .