Medicare Plan Part D In Lenexa, KS

Premiums by income

The charts below show your estimated prescription drug plan monthly premium based on your income as reported on your IRS tax return from 2 years ago and last year. If your income is above a certain limit, you'll pay an income-related monthly adjustment amount in addition to your plan premium.

If your filing status and yearly income in 2016 was   
File individual tax returnFile joint tax returnFile married and separate tax returnYou pay (in 2016)
$85,000 or less$170,000 or less$85,000 or lessYou pay (in 2016)
above $85,000 up to $107,000above $170,000 up to $214,000not applicable$13.00 + your plan premium
above $107,000 up to $133,500above $214,000 up to $267,000not applicable$33.60 + your plan premium
above $133,500 up to $160,000above $267,000 up to $320,000not applicable$54.20 + your plan premium
above $160,000above $320,000above $129,000$74.80 + your plan premium

Medicare Part D - 2018

Medicare Part D - 2018

Medicare Part D plan is broken down into four main parts:

  1. Part 1 - The initial $405 deductible - Some plans do not have an initial deductible and provide "first dollar coverage"
  2. Part 2 - Initial Coverage - The plan provides the Medicare Part D Beneficiary with co-insurance or medication co-payment.
  3. Usually, coverage extends to a point where the total retail cost of the medication reaches $3750.
  4. Part 3- The Coverage Gap or Donut Hole - While in the Coverage Gap you will pay 35% of the cost for covered brand- named prescription drugs and 44% of price for covered generic drugs.
  5. Part 4 - Catastrophic Coverage - When a person has spent more than $5000 for prescription medications, they will be protected by Catastrophic Coverage - here the cost of medications is substantially reduced. $3.35 for Generic and $8.35 for brand-named drugs or 5% whichever is greater.
Remember cost varies by plan.