Commonly prescribed medications and their monthly cost
Keeping tabs of the cost of your drugs could help warn you about the infamous "doughnut hole" in the Medicare Part D plans.
The doughnut hole is the nickname for the coverage gap in the Part D plans. Under the typical plan, when your total drug costs (not your out-of-pocket expenses, which will be lower) reach $2,251, you'll be without coverage and pay 100% of the cost of the medication until your expenses reach $5,100, at which point the catastrophic coverage (95% of the cost is covered) should kick in.
Some plans have put a safety net across the doughnut hole by providing some coverage, but there is still often a gap of some kind.