The Four Coverage Stages of Medicare’s Part D Program
Throughout the year, your prescription drug plan costs may change depending on the coverage stage you are in. If you have a Part D plan, you move through the CMS coverage stages in this order: deductible (if applicable), initial coverage, coverage gap, and catastrophic coverage. Stage 1: Annual Deductible Begins: with your first prescription of the plan year. You pay the full cost of your prescriptions until your spending adds up to the amount…
