Cory Page PharmD . Resources for the Uninsured, Underserved and Rural Patients. Objectives. Understand the economic burden of medications. Is the newest medication always the best medication? Review cost saving measures Needy Meds Drug Coupons Pharmacy Shopping.
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Cory Page PharmD.
Initial phase after deductible met patient pays 25% of drug cost up to $2830.
After this amount is reached the patient is responsible for the TOTAL drug cost until the out of pocket expense reaches $4550
After this amount is reached the patient is responsible for a co-pay of $2.40 for each generic drug and $6.00 for other drugs (or 5%, whichever is higher).
Beginning in 2011
The patient who has reached the donut hole will only be responsible for 50% of the cost of medications
Beginning in 2012
The patient who has reached the donut hole will only be responsible for 25% of the cost of medications
Beginning in 2013
There will be no donut hole!