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Insurance

2022 Medicare Prescription Drug Benefit


Benefit Parameters 2022 2021
Deductible $480.00 $445.00
Initial Coverage Limit $4,430.00 $4,130.00
Out-of-Pocket Threshold $7,050.00 $6,550.00
Total Covered Drug Spending at OOP Threshold $10,012.50 $9,313.75
Minimum Cost-Sharing in Catastrophic Coverage $3.95 / $9.85 $3.70 / $9.20
Extra Help Copayments 2022 2021
Institutionalized $0 $0
Receiving Home and Community-Based Services (under waiver only) $0 $0
Up to or at 100% Federal Poverty Level (FPL) $1.35 / $4.00 $1.30 / $4.00
Full Extra Help $3.95 / $9.85 $3.70 / $9.20
Partial Extra Help (Deductible / Cost-Sharing) $99 / 15% $92 / 15%

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