What is the Medicare Part D Initial Coverage Limit?
Once you have met your yearly A deductible is an amount a beneficiary must pay for their health care expenses before the health insurance policy begins to pay its share., you will pay a A copayment, also known as a copay, is a set dollar amount you are required to pay for a medical service. or Coinsurance is a percentage of the total you are required to pay for a medical service. for each covered drug until you reach the initial coverage limit (ICL). You will then enter your plan’s A period of time in which you pay higher cost-sharing for prescription drugs until you spend enough to qualify for catastrophic coverage. (sometimes called the “donut hole”).