If you purchase an expensive formulary drug, your first purchase would be calculated as a straddle claim across all four phases of your Medicare Part D coverage: Initial Deductible (if any), Initial Coverage Phase, the Coverage Gap, and Catastrophic Coverage.
Straddle Claims are single prescription drug purchases or claims that cross multiple phases of your Medicare Part D prescription drug plan coverage (or your Medicare Advantage plan that offers prescri . . .
If you are using a formulary prescription drug that has a $1,894 retail cost and, since the start of 2012, you have already purchased medications with a total retail cost of $930, your purchase will p . . .