What Is the Medicare Donut Hole?
The Medicare Part D coverage gap ('donut hole') is being phased out. In 2026, thanks to the Inflation Reduction Act, your total out-of-pocket drug costs are capped at $2,100. Once you reach that amount, you pay nothing more for covered drugs.
What Colorado beneficiaries should know
Plan availability and coverage details vary by county in Colorado. Urban areas like Denver and Colorado Springs typically have more plan options than rural counties. A licensed Medicare agent can look up plans specific to your ZIP code and help you understand what's covered.
You can also compare plans available in your area or call the Colorado SHIP program at 1-888-696-7213 for free counseling.