That means there's no longer a coverage gap for prescription drugs in Part D or Medicare Advantage plans with drug coverage. Closing the donut hole is one of several changes to Medicare in 2025. The ...

There is a nearly five-year gap between when a new medical device receives FDA approval and is subsequently covered by ...

Medicare has undergone several major changes since it launched in 1965. And now, with the passage of the Inflation Reduction Act of 2022, it's poised to change again, with several key provisions ...

You may have heard about the “donut hole” — or gap in prescription drug coverage — about Medicare Part D. You enter this gap once your Medicare Part D plan has paid a certain amount for ...

The Medicare donut hole was a colloquial term for a gap in prescription drug coverage in Medicare Part D. However, as of 2025, Medicare has closed the donut hole and replaced it with a cost cap.

And the coverage gap, or donut hole ... It established an out-of-pocket maximum of $2,000 for drug spending under Medicare Part D. This is significantly lower than the spending cap of $8,000 ...

Medicare Part D offers prescription drug coverage ... Part D plans used to have a coverage gap, which people called a “donut hole.” This was a temporary limit on how much your prescription ...

It's free, simple and secure. Medicare Part D, or Medicare drug coverage, is a part of Medicare that can help you pay for a variety of medications. You can buy a stand-alone Part D policy if you have ...

Previously, Medicare Part D enrollees had to spend up to $8,000 ... As of 2025, that spending cap has been lowered to $2,000 and the coverage gap, known as the donut hole (where cost-sharing ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out ...

Medicare Part D covers prescription medications. Costs vary depending on certain coverage phases, including catastrophic coverage. As of January 1, 2025, the Medicare Part D phase, known as the ...

Elimination of the Medicare Part D coverage gap (donut hole) In years past, Medicare beneficiaries had to navigate the so-called donut hole, which was a coverage gap in Medicare Part D because of ...