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Coverage Gap/Donut Hole

Donut Hole:
The Coverage Gap
GONE AWAY IN 2025

The Coverage Gap is also referred to as the "Donut Hole" portion of Medicare Part D. What people don't understand about the coverage gap is that it's what Medicare adds together as the full cost of the drug and not what your co-pays are according to the tier it falls under with the plan. It is complicated to understand and that's where I help you evaluate preparing for these costs.

In 2025, the Inflation reduction act is in full force by eliminating the donut hole and now everyone on Medicare will have a cap of $2000 max to spend on their drugs. This means that the insurance companies as well as Medicare will be absorbing more of the drug prices so that the individual will not have to.

YAY!!!!

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