The Medicare Part D coverage gap (informally known as the Medicare donut hole) lies between the initial coverage limit and the catastrophic-coverage threshold in the Medicare Part D prescription-drug program administered by the United States federal government. After a Medicare beneficiary exits the initial coverage of prescription-drug plan, the beneficiary is financially responsible for a higher cost of prescription drugs until he or she reaches the catastrophic-coverage threshold.
Read more about Medicare Part D Coverage Gap: Details, Impact On Medicare Beneficiaries
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