Catastrophic coverage is the third and final stage of prescription drug coverage under Medicare Part D. When you enter catastrophic coverage, Medicare covers all of your drug costs for the rest of the ...

America’s Health Insurance Plans has expressed support for the creation of a new, lower-cost catastrophic coverage option under the Patient Protection and Affordable Care Act. Consumers purchasing ...

The Centers for Medicare and Medicaid Services (CMS) and the Department of Health and Human Services (HHS) have revealed that access to catastrophic health coverage will be expanded from November 1 ...

WASHINGTON, Jan. 11-- Rep. Adam B. Schiff, D-California, issued the following news release on Jan. 10, 2024: Today, Representative Adam Schiff (D-Calif.) introduced the Incorporating National Support ...

Nearly 3 million enrollees in Medicare Part D spent above the catastrophic threshold at least once over a five-year period, according to a new study that comes as Congress is debating installing a ...

Amidst the looming increase in health insurance premiums, the Centers for Medicare and Medicaid Services (CMS) and the Department of Health and Human Services (HHS) have announced a significant ...

After spending $2,000 out-of-pocket on prescription drugs in 2025, Medicare Part D beneficiaries enter the catastrophic coverage phase, where they pay nothing for covered prescriptions for the rest of ...