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PART
D
COSTS COMPARED IN CHART FORM
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.
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Important Note:
Part D
monthly premiums range from approximately
$0 to well over
$100.00. Coverage will vary based on the premium charged.
These charts
assume that your plan follows the minimum Medicare Part "D"
Model. You may select a plan with higher or lower premiums
that change some of the numbers in the charts below.
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 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 :
2010
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AMOUNT & ITEM
|
WHAT YOU PAY |
WHAT MEDICARE PAYS
|
|
$500 PREMIUMS
(varies) |
$500 est |
$0 |
|
$310 DEDUCTIBLE |
$310 |
$0 |
|
(25% / 75%) NEXT
$2,520 |
$630.00 |
$1,890.00 |
|
$3,610.00 "DOUGHNUT
HOLE" |
$3,610.00 |
$0 |
|
TOTAL |
$5,050.00 |
$1,890.00 |
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SO UNTIL $6.940 IS
SPENT, YOUR COST IS $5,050 ($4,550 if not
counting premiums) |
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AFTER THAT YOU PAY $2.40 FOR EACH GENERIC, OR
$6.30 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 SO-CALLED "CATASTROPHIC COVERAGE"
CONTINUES ONLY UNTIL DECEMBER 31, 2010. |
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ON 1/1/11 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 2009,
being in for a full 12 months in 2010 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 :
2009
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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 |
|
$3,453.75 "DOUGHNUT HOLE"
|
$3,453.75 |
$0 |
|
TOTAL |
$4,830 |
$1,803.75 |
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SO UNTIL $6,633.75 IS SPENT,
YOUR COST IS $4,830 ($4,350 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 $10.00.
THIS SO-CALLED "CATASTROPHIC COVERAGE" CONTINUES ONLY
UNTIL DECEMBER 31, 2009 |
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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. |
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 |
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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 $10.00. 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
|
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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 |
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$3,051.25 "DOUGHNUT HOLE"
|
$3,051.25 |
$0 |
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TOTAL |
$4,270 |
$1,601.25 |
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SO UNTIL $5,871.25 IS SPENT,
YOUR COST IS $4,270.00 ($3,850 if not counting premiums) |
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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 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
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AMOUNT
& ITEM |
WHAT YOU
PAY |
WHAT
MEDICARE PAYS |
|
$420 PREMIUMS (varies) |
$420 |
$0 |
|
$250 DEDUCTIBLE |
$250 |
$0 |
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(25% / 75%) NEXT $2,000 |
$500 |
$1,500 |
|
$2850 "DOUGHNUT HOLE"
|
$2,850 |
$0 |
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TOTAL |
$4,020 |
$1,500 |
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SO UNTIL $5,520 IS SPENT,
YOUR COST IS $4,020 ($3,600 if not counting premiums) |
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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 $10.00. THIS
ARRANGEMENT CONTINUES ONLY UNTIL DECEMBER 31, 2006 |
|
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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 Produced by
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Committing
to the wrong Part D Plan for the next year could be a
costly and tragic error.
Are you sure you will have the best 2009 Part D
Plan for your area, at the best price, and one that best
meets your prescription needs? Medicare is making
available a tool that will help you to know for sure. It
will enable you to see the best plan, for the best
price, that meets your unique prescription needs in your
area. SeniorArk is proud to present links to this tool to help
you find your way through the maze of Part D. As the
editor of SeniorArk.com, I work with Part D information
every day, and I'm not sure I
will have the best 2009 Plan until I use Medicare's tool.
Use this tool now at
Medicare-Part D Plan-Finder.
 Some
Part D enrollment tips
|
Also see:
2009 Part D
Premiums Rise
Part D Fiasco - Congress Can Do Better, Part
D In Chart Form,
All about Part D and Medicare,
Survive a Fall into the Doughnut Hole
Medicare Twilight Zone
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