That is the deductible. The individual would pay 25 percent of the cost of the prescription, and then if they were at an income level you are talking about, it would be a $150 deductible with no caps or limits for the year; not the $4,000 you are talking about.
Discussing prescription drug costs and deductibles.
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It would cover 100 percent of everything over a $25 copay and a $150-a-month deductible for those who are in that income level or above.
But his plan is not voluntary. You can voluntarily get in, but when you do not get in, you can't reapply. That is my understanding.
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Not to belabor this debate, and it is good we are talking about it because the American people need to hear it, but over that amount of money you are talking about, we would still have a $25 copay, the $150 deductible, and then no cap at…
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