Mr. Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $250. What percentage will Medicare pay of the $250?

Question

Quizplus · Accepted Answer

Medicare prescription drug plans typically have a deductible phase where the beneficiary pays 100% of drug costs until the deductible is met. Since $250 is likely below the deductible, Medicare would pay 0%.

Mr Smalley Is a Retiree on the Medicare Prescription Drug