Oh this is a fun one...when you enroll in Medicare, whether your drug plan is built into a Medicare Advantage Plan or you have a stand alone Part D drug plan, every Medicare beneficiary is susceptible to the 4 stages of Drug Coverage as dictated by the Centers for Medicare and Medicaid.
Depending on the medications you are taking and the Tier they fall in on your drug plans formulary you may, or may not get into the Donut Hole. Reviewing your drug coverage each year is so important - set up a review and we can make sure you have the best drug plan for you.
Here is a video on the 4 Stages of Drug Coverage
VIDEO: 2025 Drug Costs ExplainedVIDEO: Big Changes for 2025 - NO MORE DONUT HOLE