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What is Medicare-Question
How much will drugs cost in the Catastrophic Coverage stage?


Answer to What is Medicare question
For those whose total drug costs reach $9,038.75 in 2020, the next step is Catastrophic Coverage.
 

In this payment stage, they pay very little for drugs for the remainder of the calendar year. The beneficiary will pay the greater of 5% or $8.95 for brand-name drugs or 5% or $3.60 for generic medications. There is no limit on how much one will spend in this payment stage.

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Last updated: 12-26-2019