2012 Baseline Prescription Drug Plan

CMS has recently released the 2012 advised structure for all prescription drug plans.  While each company may design their plan in any way they choose, they must be at least "actuarially equivalent" to this standard design.  That is, they cannot offer coverage that, all things considered, is less than the standard coverage. 

The changes of note from last year are...

• Deductible change from $310 to $320
• Donut Hole threshold change from $2,840 to $2,930
• Generic discount during the Donut Hole increased from 7% to 14%
• Catastrophic Coverage threshold change from $4,550 to $4,700

To see a full breakdown of the 2012 standard plan, click here.