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 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):
- In 2021, you could save $4,082. Click here to see the 2021 Donut Hole Discount calculation
- In 2020, you could save $3,952. Click here to see the 2020 Donut Hole Discount calculation
- In 2019, you could save $3,019. Click here to see the 2019 Donut Hole Discount calculation
- In 2018, you could save $2,809. Click here to see the 2018 Donut Hole Discount calculation
- In 2017, you could save $2,458. Click here to see the 2017 Donut Hole Discount calculation
- In 2016, you could save $2,167. Click here to see the 2016 Donut Hole Discount calculation
- In 2015, you could save $2,154. Click here to see the 2015 Donut Hole Discount calculation
- In 2014, you could save $1,941. Click here to see the 2014 Donut Hole Discount calculation
- In 2013, you could save $2,027. Click here to see the 2013 Donut Hole Discount calculation
- In 2012, you could save $1,984. Click here to see the 2012 Donut Hole Discount calculation
For more information, you can
click here to see how the Donut Hole discount increased over the past years. The Donut Hole is now considered “closed” as you paid 25% in the Donut Hole for all formulary medication.
Our
2021 PDP-Planner
(or Donut Hole Calculator) is available to illustrate your monthly
estimated costs for 2021. 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).
You can also click on the following link to
learn more about the 2021 Medicare Part D drug coverage.
If you would like to be notified by email when the Medicare plan information becomes available, please sign up for our
Medicare Plan Information Reminder Service.