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Old 12-09-2010, 01:06 PM
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What is the Medicare Donut Hole??

The Medicare Part D coverage gap, generally known as the Medicare donut hole, "is the difference of the initial coverage limit and the catastrophic coverage threshold," as described in the Medicare Part D prescription drug program administered by the United States federal government.

After a Medicare beneficiary surpasses the prescription drug coverage limit, the Medicare beneficiary is financially responsible for the entire cost of prescription drugs until the expense reaches the catastrophic coverage threshold.

The donut hole comes as a nasty surprise to many seniors when they go abruptly from making copayments for their drugs to paying 100% of the cost. Clearly, this can make a huge dent into their pocket and may potentially result in seniors avoiding to purchase necessary medications due to financial reasons.

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Old 12-03-2011, 01:41 AM
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their space within protection destroys ones savings or earnings . This eventually ends up being like lacking insurance and you pay complete price for the medicines one utilizes in that period . Along with insurance and you strike the actual restrict from $2840 up front you end up with absolutely no coverage before you spend $4550.
Now this price for anybody having a heart condition or other medical problems mounts fast when prescriptions go beyond $600 a month along with insurance and then creates a actual burden whenever you find you are having to pay 100% upon some drugs as well as 50% upon others of the cost at retail.
Part D protection is like having auto insurance but discover following paying high quality it just covers cup broken from the inside of car Or or accidents that just happed One hundred kilometers at home 1/2 protection .

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