Medicare Part D: How The Finances Work

A co-pay is a set dollar amount you pay you pay each time you obtain a drug or other medical service.

With respect to Medicare, when you purchase drugs, the amount of the co-pay generally depends on how many tiers of drug coverage a Plan has, and which tier your drug falls into. For example, under a three tier system, there would be:

• A co-pay for generic drugs
• A higher co-pay for brand name drugs
• An even higher co-pay for more rare, high cost drugs.

Please share how this information is useful to you. 0 Comments