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Latest Medicare News on Donut Hole discounts

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Category: Donut Hole discounts

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How much money could I possibly save with the 2017 Donut Hole Discount?
About $2,458 - maybe even a little more depending on your Medicare Part D plan. Your actual savings in the 2017 Donut Hole will depend on several things including: (1) How much you spent personally ...

What kind of drug discount can we expect in the Doughnut Hole?
Starting back in 2011, the co-insurance (or cost-sharing) of generic and brand-name medications purchased while in the Coverage Gap (or Donut Hole / Doughnut Hole) was reduced or "discounted" for non- ...

Increase in 2013 Donut Hole discount for Generic and Brand-Name Drugs
More good news for 2013: The 2013 Donut Hole Discount will increase to 52.5% for all brand-name medications purchased in the Donut Hole and the 2013 generic Donut Hole discount will increase to 21%. ...

How much money could I possibly save with the 2012 Donut Hole Discount?
Around $1,983.75 - maybe even a little more depending on your Medicare Part D plan. Your actual savings in the 2012 Donut Hole will depend on several things including: (1) how much you spent personal ...

The Donut Hole Discount for Generic Drugs Increases in 2014
The 2014 Donut Hole discount will remain at 52.5% for all brand-name medications purchased in the Donut Hole (you pay 47.5% of the retail cost and get 97.5% credit toward TrOOP) and the 2014 generic ...

How much money could I possibly save with the 2015 Donut Hole Discount?
About $2,148.30 - maybe even a little more depending on your Medicare Part D plan. Your actual savings in the 2015 Donut Hole will depend on several things including: your Medicare Part D ...

The Donut Hole Discount Increases in 2015 (and What This Means to You)
The 2015 Donut Hole discount will increase to 55% for all brand-name medications purchased in the Donut Hole (you pay 45% of the retail cost and get 95% credit toward TrOOP) and the 2015 generic Don ...

The 2016 Donut Hole Discount Remains Steady (... and what this means to you)
The 2016 Donut Hole discount will remain at 55% for all brand-name medications purchased in the Donut Hole (you pay 45% of the retail cost and get 95% credit toward TrOOP) and the 2016 generic Donut ...

Since I now get a 52.5% Donut Hole Discount on my brand-name drugs in the Coverage Gap, do I still get full retail credit for my prescription purchase toward meeting the Donut Hole exit?
No.  In 2013, when you purchase a brand-name drug while in the Donut Hole or Coveage Gap, you get an automatic 52.5% Donut Hole discount on your prescription purchase -- and credit for 97.5% of ...

Who pays the 2015 Donut Hole discount and how does the discount count toward getting out of the 2015 Coverage Gap?
The 2015 Donut Hole discount will increase to 55% for all brand-name medications purchased while in the Donut Hole (you pay 45% of the retail cost and get 95% of the retail price credited toward you ...

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If I am in the 2017 Donut Hole and get a 60% discount on my brand-name drugs, what percent of my purchase counts toward exiting the Donut Hole?
90% of your brand-name drug's retail cost is counted toward exiting the 2017 Donut Hole. If your monthly purchases of formulary medications consistently have a retail value of over $309, you will e ...

How much money could I possibly save with the 2017 Donut Hole Discount?
About $2,458 - maybe even a little more depending on your Medicare Part D plan. Your actual savings in the 2017 Donut Hole will depend on several things including: (1) How much you spent personally ...

If I am in the Coverage Gap and get a 55% discount on brand-name drugs, how much of my purchase counts toward exiting the Donut Hole?
95% of your brand-name drug's retail cost is counted toward exiting the 2016 Donut Hole. If your monthly purchases of formulary medications consistently have a retail value of over $276, you will e ...

I use a brand-name drug that has a retail cost of $250 and there is no generic. What will I pay when I reach the Donut Hole and Catastrophic Coverage phases of my 2016 drug plan?
You will pay $112.50 in the Donut Hole and $12.50 in the Catastrophic Coverage phase.Once the total retail value of your 2016 Medicare Part D drug purchases exceed $3,310, you will enter the 2016 D ...

I was told by a Medicare plan representative that all of their 2016 Medicare drug plans had a Donut Hole coverage. Is that possible?
Yes, if the plan representative was referring to the 2016 Donut Hole discount that applies to generic and brand-name drugs.All 2016 Medicare Part D prescription drug plans (PDPs and MAPDs) can take ...

The 2016 Donut Hole Discount Remains Steady (... and what this means to you)
The 2016 Donut Hole discount will remain at 55% for all brand-name medications purchased in the Donut Hole (you pay 45% of the retail cost and get 95% credit toward TrOOP) and the 2016 generic Donut ...

2015 Donut Hole discount example for a $250 brand name medication purchase
Question:  I use a brand name drug that usually costs $250 and has no generic.  What will I pay for this medication once I reach the Donut Hole or the Catastrophic Coverage portion of my 201 ...

Who pays the 2015 Donut Hole discount and how does the discount count toward getting out of the 2015 Coverage Gap?
The 2015 Donut Hole discount will increase to 55% for all brand-name medications purchased while in the Donut Hole (you pay 45% of the retail cost and get 95% of the retail price credited toward you ...

The Donut Hole Discount Increases in 2015 (and What This Means to You)
The 2015 Donut Hole discount will increase to 55% for all brand-name medications purchased in the Donut Hole (you pay 45% of the retail cost and get 95% credit toward TrOOP) and the 2015 generic Don ...

CMS Releases Medicare Part D Donut Hole Savings Summary for 2014
The Centers for Medicare and Medicaid Services (CMS) has released the "to-date" Donut Hole savings for Medicare Part D beneficiaries. The chart below provides a national and state-by-state view ...


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