More Savings In The Drug Coverage Gap Coming Through 2020

More Savings, Through 2020, In The Drug Coverage Gap.

The 55% discount a beneficiary receives on brand-name prescription drugs covered by Plan D, will be added to the coverage gap percentage savings (Medicare prescription drug coverage) and will gain through 2020.

Note: You’ll pay 25%, in 2020, for covered generic drugs and also for brand-name drugs, during the gap, it will be the same percentage you will pay from the moment the deductible is met, (if your plan has one) until the out-of-pocket spending limit is realized.

The coverage-gap percentage you                    The coverage gap percentage you will pay for name brand drugs.                        will pay for generic drugs.

2015–45% …………………………………………………….65%

2016–45% …………………………………………………….58%

2017–40% …………………………………………………….51%

2018–35% …………………………………………………….44%

2019–30% …………………………………………………….37%

2020–25% …………………………………………………….25%