Medicare Part D 2024 Coverage Gap

Medicare Part D 2024 Coverage Gap. Essentially, retirees and their plans would pay for the first $5,030 of spending on medicare part d drugs. In 2024, part d enrollees’ 5% share of catastrophic coverage will no longer apply.

The medicare part d coverage gap, also known as the “donut hole,” is a term that refers to a. When part d plans first became available in 2006, beneficiaries paid 100% of their drug costs while they were in this spending window (known as the coverage gap, or more commonly, as the donut hole).