From 2007 to 2019, the number of Medicare part D enrollees with out-of-pocket drug spending above the catastrophic threshold increased from 407 thousand to around 1.5 million. The catastrophic threshold was set at 6,550 U.S. dollars in 2019 and even once this threshold is met, a Medicare part D enrollee must still pay 5 percent of total drug costs (or 9.20 U.S. dollars for brand drugs or 3.70 U.S. dollars for generics).
This statistic presents the number of Medicare part D enrollees with out-of-pocket drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands).
Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019
(in thousands)
The source adds the following information: "In 2021, the catastrophic threshold is set at $6,550 in out-of-pocket drug costs, which includes what beneficiaries themselves pay and the value of the manufacturer discount on the price of brand-name drugs in the coverage gap (sometimes called the “donut hole”), which counts towards this amount."
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Kaiser Family Foundation. (July 23, 2021). Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/
Kaiser Family Foundation. "Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands)." Chart. July 23, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/
Kaiser Family Foundation. (2021). Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/
Kaiser Family Foundation. "Number of Medicare Part D Enrollees with Out-of-pocket (Oop) Drug Spending above The Catastrophic Threshold in a given Year from 2007 to 2019 (in Thousands)." Statista, Statista Inc., 23 Jul 2021, https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/
Kaiser Family Foundation, Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands) Statista, https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/ (last visited November 21, 2024)
Number of Medicare part D enrollees with out-of-pocket (OOP) drug spending above the catastrophic threshold in a given year from 2007 to 2019 (in thousands) [Graph], Kaiser Family Foundation, July 23, 2021. [Online]. Available: https://www.statista.com/statistics/1253946/medicare-part-d-enrollees-with-oop-spending-above-catastrophic-threshold/
