You pay a 15% coinsurance for your covered prescription drugs. There is no deductible, no coverage gap and no coinsurance for catastrophic coverage. The maximum you will pay in 2009 is $4,350 in true out-of-pocket costs.
In addition to paying the monthly premium, you will pay these costs each year when using the benefit:
You Pay
Plan Pays
You pay 15% of the cost—your coinsurance—for the first $29,000 in covered drugs.
15%
85%
Once you have paid $4,350 in true out-of-pocket costs for the year, you become eligible for catastrophic coverage.
$4,350
$24,650
You pay nothing for covered drugs once you reach catastrophic coverage.
0%
100%