Medicare Part D Explained UPDATED for 2024

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Medicare Part D explained UPDATED for 2024. What will your prescription drug costs be like with Medicare in 2024?
Understand the Deductible, Drug Tiers, and Donut Hole in this short 4 minute video.

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0:00 intro to Medicare Part D 2024
0:59 The Four Parts of Medicare Part D
1:17 The Deductible of Part D
1:48 The Initial Coverage Stage
2:30 The Coverage Gap AKA "The Donut Hole"
3:23 The Catastrophic Coverage Stage
4:09 Part D is a Necessity