Delaware Department of
Insurance

2024 Medicare Prescription Drug Benefit

Benefit Parameters	2024	2023
Deductible	$545.00	$505.00
Initial Coverage Limit	$5,030.00	$4,660.00
Out-of-Pocket Threshold	$8,000.00	$7,400.00
Total Covered Drug Spending at OOP Threshold	$11,477.39	$10,516.25
Minimum Cost-Sharing in Catastrophic Coverage	$4.50 / $11.20	$4.15 / $10.35
Extra Help Copayments	2024	2023
Institutionalized	$0	$0
Receiving Home and Community-Based Services (under waiver only)	$0	$0
Up to or at 100% Federal Poverty Level (FPL)	$1.55 / $4.60	$1.45 / $4.30
Full Extra Help	$4.50 / $11.20	$4.15 / $10.35
Partial Extra Help (Deductible / Cost-Sharing)	N/A / N/A	$104 / 15%

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