That depends on whether you are in PACE or PACENET.
The PACE Program will pay the Part D premiums for PACE cardholders enrolled in one of the plans that has a signed agreement. PACE will pay up to the regional benchmark, which is $35.50 for 2014. If you enroll in a plan with a premium higher than $35.50, you must pay the difference.
The Program will not be able to help pay the Part D plan premium for individuals who are not enrolled in a Part D plan that does not have a signed agreement.
PACENET cardholders enrolled in one of the program's partner Part D plans will have to pay the Part D plan's premium at the pharmacy but will no longer have to pay the PACENET deductible. You will never be charged more than the cost of your medication at one time. Therefore, if the cost of your medication is less than the amount of premium you owe, you only pay the cost of the medication and the remaining amount of the premium you owe will be carried over until you need another medication filled (that same month or the next month).
EXAMPLE: Part D plan's monthly premium is $34.00.
Prescription filled on 1/12/14 – cost of the drug was $8.25 – cardholder charged $8.25 and this amount goes toward the premium of $34.00 ($25.75 remaining).
Prescription filled on 1/13/14 – cost of the drug was $14.20 – cardholder charged $14.20 and this amount goes toward the remaining premium of $25.75 ($11.55 remaining).
Prescription filled on 1/13/14 – cost of the brand drug was $153.24 – cardholder charged $11.55 to meet the remaining amount of the premium plus a $15 co-payment for the brand name medication.
PACENET cardholders enrolled in a non-partner Part D plan will have to pay the Part D plan's premium directly to the Part D plan each month, but they will not have to pay the PACENET deductible at the pharmacy.