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chisue

Explain Medicare Part D Deductibles

8 years ago

Example: One Plan has annual premiums of $300 and says my medication (Advair) will cost me $1700 for the year. This plan has a $405 deductible. Are my out of pocket costs projected to be the total of these three numbers: $2405? Or, is the $405 included in the $1700, and my cost is $2000?

I know the deductible is payable 'up front', but is it in the projected drug cost or in addition to it?

So fun to parse this stuff every autumn.


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