The Medicare Part D landscape is constantly evolving, brought on by major legislative updates like the permanent elimination of the “donut hole” and cap changes to out-of-pocket prescription spending. However, lower overall spending caps don’t mean every plan offers equal value.
Private insurers set their own premiums, deductibles and pharmacy contracts, meaning two plans in the exact same zip code can carry dramatically different bottom-line costs for identical prescriptions.
Take this quick, 10-question quiz to test your knowledge about Part D and ensure you are well-prepared to select the coverage that is best for your health and budget this year.
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And don’t worry if you miss an answer, you can follow the links below the quiz to brush up on your knowledge.