Prescription savings guide

What Is the Medicare Part D Donut Hole?

Last updated August 9, 2026 · Reviewed by the LowerScript editorial team · Español

The Medicare Part D "donut hole" is a coverage-gap phase in which you may temporarily pay a larger share of your medication costs after you and your plan have spent a certain amount. During this phase, a discount-card cash price can sometimes be lower than your plan's cost — so it's worth comparing both at the pharmacy.

How the phases work

Part D has stages: deductible, initial coverage, the coverage gap ("donut hole"), and catastrophic coverage. Your share of costs changes between phases.

The 2026 Part D numbers

For 2026, Medicare's final program rules set the standard deductible at $615 and the annual out-of-pocket threshold at $2,100 (up from $2,000 in 2025) — once your true out-of-pocket drug spending reaches that threshold, Part D cost-sharing drops to $0 for the rest of the year (your premium still applies). 2026 is also the first year negotiated prices apply to the initial 10 drugs selected under Medicare's drug-price negotiation program. These numbers change annually — always confirm the current year's figures at Medicare.gov or with your plan. [Source: CMS CY2026 program rules; figures re-verified at Medicare.gov, 2026-08-02.]

Looking ahead to 2027

CMS has finalized the 2027 numbers too: the standard deductible rises to $700 (from $615) and the annual out-of-pocket threshold rises to $2,400 (from $2,100). CMS is also ending the temporary subsidy that held down some stand-alone Part D premiums in 2025–2026 — see our full guide, Medicare Part D premiums in 2027, for what that means and what to do this fall. 2027 plan details become available October 1, 2026, with enrollment opening October 15. [Source: CMS CY2027 Rate Announcement, Apr. 2026.]

Where a discount card fits

During the gap, comparing your plan price against a discount-card cash price can reveal savings. Remember, discount-card purchases don't count toward your Part D out-of-pocket totals.

Learn more

See Medicare prescription discounts in Florida, and check Medicare.gov for current program details.

Frequently asked questions

Does everyone hit the donut hole?

No — it depends on your total drug spending for the year.

Can a discount card help in the donut hole?

Yes, when its cash price is lower than your plan's cost for a drug. Compare both.

Do discount-card purchases count toward catastrophic coverage?

No, they don't count toward your Part D out-of-pocket totals.

This guide is general information, not medical, legal or financial advice. Always talk to your doctor or pharmacist about your medications. LowerScript is a discount program, not insurance.

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More guides: What Is a Prescription Discount Card? · How to Use a Prescription Discount Card · Can You Use a Discount Card With Medicare? · Insurance vs Cash Price: Which Is Cheaper?  |  All savings guides · Drug prices