2013 Baseline Prescription Drug Plan

CMS has recently released the 2013 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 $320 to $325
• Donut Hole threshold change from $2,930 to $2,970
• Generic discount during the Donut Hole increased from 14% to 21%
• Catastrophic Coverage threshold change from $4,700 to $4,750

To see a full breakdown of the 2013 standard plan, click here.