MedicarePartD.guide

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Archive: Can I also expect to receive a $250 Rebate next year if I reach the 2011 Medicare Part D Doughnut Hole?

Archive · updated Nov 4, 2018

No.  In 2011, Medicare Part D beneficiaries who reach the Doughnut Hole (or Coverage Gap) will receive a 50% discount on the retail price of their brand name prescription drugs and a 7% discount on generics drugs.

Please note that the "retail price" of prescription drug is usually understood to mean your Medicare Part D plan’s negotiated retail price - so the "retail price" of a specific medication may vary from a pharmacy's list price or prices found in other Medicare Part D plans.