In February, the BiPartisan Budget Act of 2018 was passed which had some positive impacts on Medicare beneficiaries with expensive medications starting in year 2019.
Specifically the cost of brand name drugs in the donut hole will drop from 35% in 2018 to 25% in 2019. Additionally, the time spent in the donut hole (before reaching Catastrophic Coverage) will be reduced in 2019 due to an increase in the Pharmaceutical discount on brand name drugs from 50% in 2018 to 70% in 2019.
You can find out more about these 2019 Part D changes and how it impacts the donut hole in this short video below.
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