PART D COSTS COMPARED IN CHART FORM 2010/2009/2008/2007/2006
Updated June 24, 2010
We hope these are easier to understand than the bizarre charts on some other sites. We have tried to produce "Plain-English" charts that clearly reveal your true costs under Part D.
These charts assume that your plan follows the standard Medicare Part "D" Model. You may select a plan with higher or lower premiums that change some of these terms.
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Important Note: Part D monthly premiums range from approximately $0 to over $165.70. Coverage will vary based on the premium charged. You need to carefully review the details of each company offering coverage in your state between November 15 and December 31 every year. Go to Part D Plan Finder and enter your unique information, to see which premium and plan is best for your situation and medications. The charts below show the basic guidelines. Extra-Help programs are available based on financial need. Check at this website. Your drugs may cost as little as NOTHING. |
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This is how Part D looks in Chart Form : 2009
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $480 PREMIUMS (varies) | $480 | $0 |
| $295 DEDUCTIBLE | $295 | $0 |
| (25% / 75%) NEXT $2,405 | $601.25 | $1803.75 |
| $3216.25 "DOUGHNUT HOLE" | $3,453.75 | $0 |
| TOTAL | $4,830 | $1,803.75 |
| SO UNTIL $6,633.75 IS SPENT, YOUR COST IS $4,830 ($4,535 if not counting premiums) | ||
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AFTER THAT YOU PAY $2.40 FOR EACH GENERIC, OR $6.00 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 BRANDED DRUG COSTS YOU $12.00. THIS SO-CALLED "CATASTROPHIC COVERAGE" CONTINUES ONLY UNTIL DECEMBER 31, 2008 |
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ON 1/1/10 IT ALL BEGINS
OVER AGAIN, WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A
LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2008, being in for a full 12 months in 2009 may mean that the doughnut hole takes on a greater significance for you. |
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This is how Part D looks in Chart Form : 2008
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $420 PREMIUMS (varies) | $420 | $0 |
| $275 DEDUCTIBLE | $275 | $0 |
| (25% / 75%) NEXT $2,235 | $558.75 | $1,676.25 |
| $3216.25 "DOUGHNUT HOLE" | $3,216.25 | $0 |
| TOTAL | $4,470 | $1,676.25 |
| SO UNTIL $6,146.25 IS SPENT, YOUR COST IS $4,470 ($4,050 if not counting premiums) | ||
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AFTER THAT YOU PAY $2.25 FOR EACH GENERIC, OR $5.60 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 BRANDED DRUG COSTS YOU $11.20. THIS SO-CALLED "CATASTROPHIC COVERAGE" CONTINUES ONLY UNTIL DECEMBER 31, 2008 |
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ON 1/1/09 IT ALL BEGINS
OVER AGAIN, WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A
LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2007, being in for a full 12 months in 2008 may mean that the doughnut hole takes on a greater significance for you. |
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This is how Part D looked in Chart Form : 2007
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $420 PREMIUMS (varies) | $420 | $0 |
| $265 DEDUCTIBLE | $265 | $0 |
| (25% / 75%) NEXT $2,135 | $533.75 | $1,601.25 |
| $3,051.25 "DOUGHNUT HOLE" | $3,051.25 | $0 |
| TOTAL | $4,270 | $1,601.25 |
| SO UNTIL $5,871.25 IS SPENT, YOUR COST IS $4,270.00 ($3,850 if not counting premiums) | ||
| AFTER THAT YOU PAY $2.15 FOR EACH GENERIC, OR $5.35 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 BRANDED DRUG COSTS YOU $10.00. THIS 5% ARRANGEMENT CONTINUES ONLY UNTIL DECEMBER 31, 2007 | ||
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ON 1/1/08 IT ALL BEGINS
OVER AGAIN, WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A
LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2006, being in for a full 12 months in 2007 may mean that the doughnut hole takes on a greater significance for you. |
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This is how Part D looked in Chart Form : 2006
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $420 PREMIUMS (varies) | $420 | $0 |
| $250 DEDUCTIBLE | $250 | $0 |
| (25% / 75%) NEXT $2,000 | $500 | $1,500 |
| $2850 "DOUGHNUT HOLE" | $2,850 | $0 |
| TOTAL | $4,020 | $1,500 |
| SO UNTIL $5,520 IS SPENT, YOUR COST IS $4,020 ($3,600 if not counting premiums) | ||
| AFTER THAT YOU PAY $2 FOR EACH GENERIC, OR $5 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 BRANDED DRUG COSTS YOU $10. THIS 5% ARRANGEMENT CONTINUES ONLY UNTIL DECEMBER 31, 2006 | ||
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ON 1/1/07 IT ALL BEGINS
OVER AGAIN, WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A
LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2006, being in for a full 12 months in 2007 may mean that the doughnut hole takes on a greater significance for you. |
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Important Note: Part D monthly premiums range from approximately $0 to over $165.70. Coverage will vary based on the premium charged. You need to carefully review the details of each company offering coverage in your state. Go to Medicare tips, and click on your state to see which premium and plan is best for your situation and medications. The charts below show the basic guidelines. Extra-Help programs are available based on financial need. Check at this website. Your drugs may cost as little as NOTHING. |
This is how Part D looked in Chart Form : 2007
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $420 PREMIUMS (varies) | $420 | $0 |
| $265 DEDUCTIBLE | $265 | $0 |
| (25% / 75%) NEXT $2,135 | $533.75 | $1,601.25 |
| $3,051.25 "DOUGHNUT HOLE" | $3,051.25 | $0 |
| TOTAL | $4,270 | $1,601.25 |
| SO UNTIL $5,871.25 IS SPENT, YOUR COST IS $4,270.00 ($3,850 if not counting premiums) | ||
| AFTER THAT YOU PAY $2.15 FOR EACH GENERIC, OR $5.35 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 DRUG COSTS YOU $10.00. THIS 5% ARRANGEMENT CONTINUES ONLY UNTIL DECEMBER 31, 2007 | ||
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ON 1/1/08 IT ALL BEGINS OVER AGAIN,
WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2006, being in for a full 12 months in 2007 may mean that the doughnut hole takes on a greater significance for you. |
||
This is how Part D looked in Chart Form : 2006
| AMOUNT & ITEM | WHAT YOU PAY | WHAT MEDICARE PAYS |
| $420 PREMIUMS (varies) | $420 | $0 |
| $250 DEDUCTIBLE | $250 | $0 |
| (25% / 75%) NEXT $2,000 | $500 | $1,500 |
| $2850 "DOUGHNUT HOLE" | $2,850 | $0 |
| TOTAL | $4,020 | $1,500 |
| SO UNTIL $5,520 IS SPENT, YOUR COST IS $4,020 ($3,600 if not counting premiums) | ||
| AFTER THAT YOU PAY $2 FOR EACH GENERIC, OR $5 FOR EACH BRAND NAME, OR 5% OF THE TOTAL OF EACH PRESCRIPTION, WHICHEVER IS THE HIGHER NUMBER. EXAMPLE: A $200 DRUG COSTS YOU $10. THIS 5% ARRANGEMENT CONTINUES ONLY UNTIL DECEMBER 31, 2006 | ||
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ON 1/1/07 IT ALL BEGINS OVER AGAIN,
WITH HIGHER PREMIUMS AND DEDUCTIBLE, AND A LARGER DOUGHNUT HOLE.
Remember, if you have been in Part D for less than a full year in 2006, being in for a full 12 months in 2007 may mean that the doughnut hole takes on a greater significance for you. |
||
Produced by
SeniorARK.com