Medicare tracks true out-of-pocket costs (TrOOP) annually. Because Medicare tracks spending, you get protection from paying more than necessary. The Medicare Part D TrOOP does not include monthly premiums, out-of-network pharmacies, non-covered drug costs, and the 75% discount on generic drugs.
Medicare tracks true out-of-pocket costs (TrOOP) annually. Because Medicare tracks spending, you get protection from paying more than necessary. The Medicare Part D TrOOP does not include monthly premiums, out-of-network pharmacies, non-covered drug costs, and the 75% discount on generic drugs.
So, if you reach the deductible before moving out of state, you do not need to meet another deductible in your new area. The same is true for the coverage gap and the catastrophic phase.
No matter where you move, Medicare will be aware of your current coverage phase.
During the Annual Election Period, you can make changes to your Medicare Part D plan without penalty. Additionally, if you ever qualify for a Special Enrollment Period, you can also change plans without penalty during that personalized window.