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Medicare Part D
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Coverage Guide

Part D Coverage Phases

How Part D coverage changes as you spend more

2026 Coverage Phases

PhaseYou PaySpending Range
Deductible100%First $590
Initial Coverage25%$590 - $5,030
Coverage Gap (Donut Hole)25%$5,030 - $8,000
Catastrophic$0After $8,000 OOP

New $2,000 OOP Cap

Before 2025

No annual cap on costs

Could pay thousands in donut hole

2025 and After

$2,000 annual OOP cap

$0 after reaching cap