The Centers for Medicare and Medicaid Services have released the 2015 cost of living adjustments for Medicare Part D prescription drug benefits. The following are select modified limits relating to the standard drug benefit and the retiree drug subsidy.
Standard Benefit Design |
| 2014 | 2015 |
Deductible | $310 | $320 |
Initial coverage limit | $2,850 | $2,960 |
Out-of-pocket Threshold | $4,550 | $4,700 |
Maximum Cost Sharing in Catastrophic Coverage Portion of Benefit: - Generic/Preferred Multi-Source Drug - Other | $2.55 $6.35 | $2.65 $6.60 |
Retiree Drug Subsidy Amounts |
| 2014 | 2015 |
Cost Threshold | $310 | $320 |
Cost Limit | $6,350 | $6,600 |