Rating: n/a
Bookmark
Save as PDF
Print
Email
Blog It
Stumble It!
Seniors get stuck in Medicare donut hole
Millions of senior Americans are seeing their drug costs skyrocket after maxing out their early coverage, the Washington Post reported.
The gap in insurance, popularly called the donut hole, is a provision in most of the private plans offered in Medicare's new Part D prescription drug program, the newspaper said.
Under a standard plan this year, Medicare handles 75 percent of drug costs after a deductible until the bill reaches $2,250. Coverage does not kick in again until those costs total $5,100.
The very poor, however, are eligible for special subsidies.
The Congressional Budget Office and the Kaiser Family Foundation projected that about 7 million recipients would be affected by the donut hole this year, the newspaper said.
Copyright 2006 by United Press International
Under a standard plan this year, Medicare handles 75 percent of drug costs after a deductible until the bill reaches $2,250. Coverage does not kick in again until those costs total $5,100.
The very poor, however, are eligible for special subsidies.
The Congressional Budget Office and the Kaiser Family Foundation projected that about 7 million recipients would be affected by the donut hole this year, the newspaper said.
Copyright 2006 by United Press International
» Next Article in Medicine & Health: Memory as Motivator
PhysOrg Forum
Video
Editorials
Free Magazines
Free White Papers
Newsletter
Advanced Search
Goto Archive
Suggest a story idea
Send feedback
