Medicare Options from Logan Insurance
Logan Insurance now offers Medicare Plans that include: Medicare Supplement, Medicare Advantage Plans, Medicare RX Part D Plans, as well as some optional Dental and Vision plans for ones over 65. Some Plans include:
- $0 premium plans (in certain counties)
- $0 primary care provider (PCP) office visit copay plans
- $0 prescription drug deductible plans
- $0 generic drug copay plans
2023 Medicare Part D Parameters
CMS has released the following 2023 parameters for the defined standard Medicare Part D prescription drug benefit:
Deductible: $505 (up from $480 in 2022);
Initial coverage limit: $4,660 (up from $4,430 in 2022);
Out-of-pocket threshold: $7,400 (up from $7,050 in 2022);
Total covered Part D spending at the out-of-pocket expense threshold for beneficiaries who are not eligible for the coverage gap discount program: $10,516.25 (up from $10,012.50 in 2022);
Estimated total covered Part D spending at the out-of-pocket expense threshold for beneficiaries who are eligible for the coverage gap discount program: $11,206.28 (up from $10,690.20 in 2022); and
Minimum cost-sharing under the catastrophic coverage portion of the benefit: $4.15 for generic/preferred multi-source drugs and $10.35 for all other drugs (up from $3.95 and $9.85, respectively, in 2022).
Source: CMS Announces 2023 Medicare Part D Benefit Parameters Used for Creditable Coverage Disclosures (thomsonreuters.com)
Schedule an appointment today!
There are many Medicare plan options available to meet your individual needs. We can help you find the right plan for you—call us today to schedule an appointment!