Medicare Part D Drug Deductible Explained

In this week's video, we explain what the Medicare Part D deductible will be in 2022. Medicare Plan D is NOT perfect, as there are formularies, coverage gaps, deductibles, copays, and quantity limits, etc. In 2022, the maximum Part D deductible is $480. That doesn’t mean it’s the maximum you’ll pay all year, rather it’s what you owe initially before your plan begins to help pay a portion of your drug costs.

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[TheMedicareFamily]

Let me know what you think about the video in the comments below!

[gregkrohn]

I'm new to this. My dad has been handling this for years but dementia is setting in and I am taking over. He was just diagnosed with cancer and his monthly chemo pill is over $2300. Medicare tells me it should only be $930 but the pharmacy says he hasn't met his deductible. help

[lourdesmendoza]

Can I apply for Part D while I'm still working?

[captainkangaroo]

Medicare is so unnecessarily complicated because of K street lobbyists and big pharma. And even if you figure out the best plan D it might change next year and stop covering the drugs it covered this year. I think I’ll just work until I die and keep my creditable high deductible employer sponsored plan.

[victoriajohnson]

The deductible is nothing compared to the donut hole disaster! It is crippling! These people starve to pay for medication.