The INSURE Act proposes a federal backstop for home insurance. Could it stabilize rates, prevent insurer exits, and keep ...

Costs vary depending on certain coverage phases, including catastrophic coverage. As of January 1, 2025, the Medicare Part D phase, known as the coverage gap or “donut hole,” was eliminated.

The legislation expanded coverage in a number of critical areas, including hospitalization and skilled nursing, hospice stays ...

Once a beneficiary reaches the catastrophic coverage threshold, or about $8,418 in total drug spending (or $5,000 in out-of-pocket spending), 4 they face 5 percent coinsurance for all prescription ...

It was called Universal Catastrophic Coverage and its objective was to provide all people health care coverage when they really need it, in life-threatening emergencies or major bankruptcy ...

People with lower incomes can qualify for Part D subsidies — 2.6 million who reached catastrophic coverage received these subsidies in 2016 (the last year with complete statistics) — that put ...

The out-of-pocket threshold for catastrophic coverage in 2019 is $5,100. For total drug costs above the catastrophic threshold, Medicare's reinsurance covers 80% of costs, Part D plans pay 15% ...

Payments for catastrophic coverage under Medicare Part D have more than tripled since 2010, rising past $33 billion in 2015, according to a new report from the Office of Inspector General (OIG).

Commentary When Construction Results in a Catastrophic Loss—Is There Insurance Coverage? Few can forget the harrowing images of the Notre Dame Cathedral engulfed in flames after it abruptly ...

Catastrophic coverage begins after a person meets their maximum out-of-pocket expenses of $6,550 (in 2021) and starts to pay less for prescription drugs.