MEDICARE DOUGHNUT HOLE - PART 2

Medicare Supplemental Insurance
I wanted to add more information to my previous post (Medicare Doughnut Hole - Complicated Already, Let's Make It Expensive For Seniors Too!) from the news where Vice President Biden made the following comments;

"...Biden also addressed the so-called “doughnut hole” in Medicare drugbenefits that causes beneficiaries to pay out of pocket for drugs afterexceeding their allowances, and before catastrophic drug coverage kicksin.

In response to an audience question about the costs of prescriptiondrugs, Biden said that health reform will seek to close the “doughnuthole” by first paying half of seniors’ out-of-pocket drug expenses, andgradually seeking to close the hole completely.

DeParle added: “We know seniors need help and we’re committed to getting the doughnut hole filled."

Full Story (Administration to boost Medicare, close ‘doughnut hole’ with reforms)
Do you think the seniors should start smiling...?


 

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