Around $3,952 in 2020. 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 cost-sharing structure, how much you have spent before entering the Donut Hole, and whether you purchase generic or brand-name medications while in the Donut Hole (generic drugs receive a different discount than brand-name drugs and a portion of the retail price of brand-name drug purchases counts toward leaving the Donut Hole).
Here are some examples from different Medicare Part D plan years (we are assuming you only purchase brand-name medications and spend your way through your entire Coverage Gap or Donut Hole):
Our 2020 PDP-Planner
(or Donut Hole Calculator) is available to illustrate your monthly
estimated costs for 2020. Several examples are available to help you get
started. Click here for an example of a Medicare beneficiary with relatively high monthly prescription drug costs (a retail drug cost of $800 per month).