The Medicare Donut Hole is the Part D coverage gap where beneficiaries historically paid more for prescriptions. Learn how the Inflation Reduction Act's $2,000 out-of-pocket cap has changed the donut hole starting in 2025.
Medicare Part D now caps your annual out-of-pocket drug costs at $2,000. Here's how the cap works, who saves the most, and how to use the new monthly payment option.