Amarin Corp Plc (AMRN)

[sts66]

You and ragman don't understand how the donut hole in Medicare works, plus you're confusing it with beginning of year deductibles - you don't start the year in the hole, and if you only take a few generic drugs plus V you won't even hit the donut hole near the end of the year, let alone come out the other side into catastrophic coverage. If you do hit the donut hole, it can be painful - after drug costs hit $4,000, instead of the regular coverage fixed copay amount, you'll pay 25% of retail cost out of pocket for generics and name brands (used to be 50% for name brands) until your total drug costs are > $6350 - a diabetic on V will definitely hit the hole - you DO NOT want patients on your drug to hit the donut hole, it may become unaffordable for them. If you've gotten into catastrophic coverage you've probably paid thousands of dollars out of pocket for copays - many retired people just can't afford to pay that living on a fixed income, and if you're married with a spouse who also takes expensive drugs your costs double - $320-$350/mo retail cost of V is nowhere close to "cheap" when it comes to Part D plans. It might be cheap relative to the cost of having an MI, but that's not the point.