Medicare Drug Plan - Falling Into The Donut Hole
Thursday July 27, 2006
Many seniors have hit the gap in the Medicare Part D prescription drug coverage, commonly referred to as the "donut hole". Once the beneficiary has used $2250 in medications, you will pay 100% of the cost of medications until out of pocket costs reach $3600. After that amount is reached, coverage will resume with either a 5% deducible or $5.00 co-pay depending on the plan. The plan premiums continue during this coverage gap.
This is a confusing plan for most and it is often difficult to manage these cost on a fixed monthly income. For those hitting the gap in the hot summer they are hit with an even large financial burden with rising drug costs and high electricity costs for summer air conditioning.
Comments
Not only are American seniors facing higher costs for utilities and the drug gap costs, groceries are up and clothes and everything else. Now are Seniors again facing choosig between drugs or food. Call & write your US Senators www.senate.gov and US Representative www.house.gov and tell them to fix these unbearable flaw in Medicare Part D this year!
Sometimes i feel like the father of the family in “1984″ whose children turned in him and their mother to the autorities. Thre is no way to escape hig prices and benfit reduction. Complaining will worsen the situation. You may be roted out of your home to an institution!