This information applies to 2012 plan year Par D drug plan coverage. This is the simplest explanation we know. Just to give you a simple understanding. This is the minimum coverage the drug plans must provide. Once you understand the basics, it is easy to pick which plans offer your drugs, and which ones work with your pharmacy. And we can certainly help you with that.

• There is a $320 deductible before any benefits are paid towards prescriptions
  .
• The insured person then pays 25% of their yearly drug costs from $320 to $2,930 and the plan pays the other 75% of the cost.
  
  
• The insured pays 100% of prescription expenses during the donut hole (The Gap) during the remainder 2012 until he/she has paid a total of $4,700 on their own, However, for 2012 you will recieve a 50% discount on name brand drugs, and a 14% dicount on generic drugs, then:
  
  
• The insured pays a greater of $2.60 or 5% for generics, and $6.50 or 5% for all other drugs (generic, etc.) for the rest of the calendar year. Some beneficiaries may pay less, or nothing at all.

Keep in mind that the above coverage limits are the minimum mandated by Medicare. Virtually all drug plans offered by private insurance provide lower (or no) deductible and various copays for each 30 day supply of drugs you purchase. Many plans offer coverage through the "Gap" for generic drugs.