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<http://schema.org/description>
"So-called catastrophic coverage (sounds like doomsday but it’s actually a good thing!) begins once you’ve made it through the coverage gap called the donut hole. In 2018, you will exit the donut hole once you have reached $5,000 in out-of-pocket costs (See last week’s blog for more details).\nCatastrophic coverage is Phase 4, the final stage of Medicare prescription drug coverage. In this phase, your share of drug costs drops sharply. In 2018, you will pay around 5% of the retail cost of your covered drugs.\nTo remind you of the Medicare Part D phases:\n1. Deductible (you pay all medication costs until you reach your deductible amount)\n2. Initial coverage (you pay copays and coinsurance)\n3. Coverage gap – the donut hole (when you reach $3,750)\n4. Catastrophic coverage (when you reach $5,000)\n........"
<https://medicareonvideo.com/medicare-alphabet/>