What Are The Rules Of The Medicare Doughnut Hole?: An OPEN MINDS Market Intelligence Report

This Market Intelligence Report from the OPEN MINDS team discusses Medicare Part D, the federal program that subsidizes the cost of prescription drugs and premiums for prescription drug plans for Medicare beneficiaries. In particular, this report discusses one unintended result of the creation of the Medicare Part D plans, something known as the “doughnut hole.” This is the amount of money that an individual has to pay between the Medicare Part D coverage limit on prescription drug benefits and the Medicare Part D “catastrophic coverage” threshold.

Almost 37 million Americans (about 70% of all Medicare beneficiaries) have their prescriptions covered . . .