Part D Catastrophic Coverage 2024

Part D Catastrophic Coverage 2024. A newly defined standard part d benefit design consisting of three phases: Based on the inflation reduction act, 2024 medicare part d catastrophic coverage will remain the fourth and final part of your medicare part d prescription drug.

In 2025, enrollees’ 25% share of the coverage gap will no longer apply. Companies buy catastrophic liability insurance through a bermuda form, a unique policy with many features designed to protect the selling.