metmom, sorry you are seeing large costs for your drugs. Part D stand alone plans can get expensive as only so many drugs are on MediCare formularies and new name brand drugs that your Dr prescribes can cost 24-33% of retail costs IF covered, and MC only covers usually two prescriptions per covered condition. After $4660 is spent by you and your provider on monthly drugs, you hit the “donut hole” and usually then pay 25% of the cost until you spend $7400 total. Then your “catastrophic” level will see you pay the greater of 5% or $10 for name brands for the rest of the calendar year.
It can still be a bargain plan depending on how well subsidized any Corporate Health coverage you have had in your early 60s before you qualified for Medicare. Best of luck in 2023! ....ymmv
I learned about the donut hole.
That is a lot of money to put out before the *catastrophic* coverage begins.
At that rate, Medicare cost us far more than our monthly premiums with our old health plan through work insurance.