4/7/2009 – EDITOR’S NOTE: THESE NUMBERS WERE SUBSEQUENTLY ADJUSTED. SEE UPDATED POST HERE.
Editor’s Note: Click here for an update on agent use plan data.
You can learn more about the Standard Medicare Prescription Drug Benefit by clicking here.
Here are the 2010 numbers for the “Standard Benefit” for Medicare Prescription Drug Plans:
|
Part D Benefit Parameters |
2009 | 2010 |
| Defined Standard Benefit | ||
| Deductible | $295 | $305 |
| Initial Coverage Limit | $2,700 | $2,780 |
| Out-of-Pocket Threshold | $4,350 | $4,500 |
| Minimum Cost-sharing for Generic/PreferredMulti-Source Drugs in the Catastrophic Phase | $2.40 | $2.50 |
| Minimum Cost-sharing for Other Drugs in theCatastrophic Phase | $6.00 | $6.20 |
| Retiree Drug Subsidy | ||
| Cost Threshold | $295 | $305 |
| Cost Limit | $6,000 | $6,200 |
I do find it funny that CMS can get Part D information and their call letter out so early in the year, but we don’t know Part A & B deductibles until just before the AEP starts.
[...] April 7, 2009 by Craig Previously, I posted 2010 Part D Co-payment and deductibel levels: HERE. [...]
Thanks, I think this is the earliest in a year that I’ve ever known these numbers for the next year.