• feed
    Subscribe
    to this Category Feed
  • Future Part D Medicare Donut Hole to take less of a bite out of savings

    Future Part D Medicare Donut Hole to take less of a bite out of savings
    Some of the current Medicare Part D Drug plans will offer coverage for the “Donut Hole” or gap in coverage beginning after $2700 is costs are incurred. Coverage will once again resume after $6154 in costs are reached.  These plans typically cost more as they offer more coverage.  The recently passed health reform legislation provides that an enrollee will receive a $250 rebate once they reach $2700 in costs.  Beginning in 2011 enrollees will receive a 50% discount on brand name drugs while in this “donut hole”.  We can assist enrollees in selecting plans for the 2011 year keeping these reduced costs in mind so future expenses will “take less of a bite” out of their savings.

    Leave a Reply