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Medicare Part D Cost
Part of Medicare Part D Plan cost is any deductibles required to be paid prior to prescription drug coverage paying for these costs. The out of pocket deductible paid before Medicare advantage Prescription Drug Plans begin paying their share of the cost will vary between plans. There are plans that may have no deductible.
Continued Costs after paying your Medicare Part D Plan Deductible
Coinsurance – you may be responsible for a % of the drug cost
Copayments – you may have to pay a set amount medication determined by your plan
Brand name or generic medications affect cost
Generic medication are cheaper
Always pay close attention to the details and speak with a qualified insurance agent.
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