Will the Donut Hole Be Extinct by 2025?
The donut hole refers to the coverage gap in Medicare Part D prescription drug plans. Beneficiaries reach the coverage gap, or donut hole, after meeting an initial deductible and spending a specific amount on covered drugs. In 2023, the donut hole begins after a beneficiary has spent $4660 on covered drugs. Beneficiaries in the donut hole are responsible… Read More »