Part D Deductible
What is the Part D Deductible?
Hi, you may be wondering, what is a Part D Deductible? The Medicare Part D deductible is the amount that a person must pay out-of-pocket before their Medicare Part D prescription drug plan will pay the medication costs. Centers for Medicare and Medicaid Services (CMS) sets the Part D deductible, which can vary from year to year.
In 2025, most Medicare Part D plan have a deductible that is $590. So, a person must pay the first $590 of the cost of their medications out of their own pocket, then their Part D plan pays for their medications. Some Medicare Part D plans have a lower deductible, or no deductible at all, but, have higher premiums or other out-of-pocket costs.
Importantly, you should consider the Part D deductible when choosing a Medicare Part D plan because the deductible influence the overall cost of their prescription drug coverage. Also, it is important the Part D deductible only applies to the cost of medications and not to other out-of-pocket costs like co-payments and coinsurance.
So, the Medicare Part D deductible is the amount a person must pay out-of-pocket before their Medicare Part D prescription drug plan will pay the cost of their medications. he Centers for Medicare and Medicaid Services sets the Part D deductible, which varies from year to year. Some Medicare Part D plans have a lower deductible, or no deductible at all. However, these plans may have higher premiums or other out-of-pocket costs. Importantly, people should consider the Part D deductible when selecting a Medicare Part D plan because it can influence the overall cost of their prescription drug coverage.
Looking for Medicare Plans?
North Carolina: We do not offer every plan available in your area. Currently we represent 23 organizations which offer 121 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
South Carolina: We do not offer every plan available in your area. Currently we represent 21 organizations which offer 107 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Georgia: We do not offer every plan available in your area. Currently we represent 20 organizations which offer 103 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Tennessee: We do not offer every plan available in your area. Currently we represent 18 organizations which offer 98 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Florida: We do not offer every plan available in your area. Currently we represent 25 organizations which offer 152 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Virginia: We do not offer every plan available in your area. Currently we represent 19 organizations which offer 105 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Maryland: We do not offer every plan available in your area. Currently we represent 17 organizations which offer 89 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Kansas: We do not offer every plan available in your area. Currently we represent 12 organizations which offer 67 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Texas: We do not offer every plan available in your area. Currently we represent 28 organizations which offer 164 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Ohio: We do not offer every plan available in your area. Currently we represent 23 organizations which offer 133 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Michigan: We do not offer every plan available in your area. Currently we represent 15 organizations which offer 92 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
California: We do not offer every plan available in your area. Currently we represent 33 organizations which offer 178 products in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
A non-government site hosted by Price Services Group, L.L.C., a health insurance agency
Price Services Group (L.L.C.) is NOT Endorsed by or Affiliated with Medicare or ANY Government Program.
Price Services Group, L.L.C. Copyright 2025 -- All Rights Reserved
Phone: (866) 648-1578 Email: [email protected]
