For 2024 The Part D Initial Coverage Limit Is. This phase concludes when the cumulative expenditure by both you and your plan on eligible drugs equals medicare’s set initial coverage threshold for the. Beginning 2024, part d plans must not apply the deductible to any part d covered insulin and must charge no more than $35 per month’s supply in the initial.

The standard design of the medicare part d benefit currently has four distinct phases, where the share of drug costs paid by part d enrollees, part d plans, drug manufacturers, and medicare varies (figure 1). Annual deductible, initial coverage, and catastrophic coverage;