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What is the Medicare prescription coverage gap?

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What is the Medicare prescription coverage gap?

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Sometimes call the “donut hole” or the “gap,” the prescription coverage gap is a standard guideline set by Medicare. After your total yearly drug costs—paid by you and your plan—have reached $2,700, you are responsible for paying 100% of your prescription costs until you have paid $4,350 in yearly out-of-pocket costs.

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