More than 5 million senior citizens and people with disabilities have saved $4.8 billion on prescription drugs since the enactment of the Patient Protection and Affordable Care Act.
In 2010, anyone with Medicare who hit the prescription coverage gap, called the doughnut hole, received a $250 rebate. The doughnut hole is the gap between the initial coverage limit and the catastrophic coverage threshold in the Medicare Part D prescription drug program.
In 2011, people with Medicare who hit the doughnut hole began receiving discounts on covered brand-name drugs and savings for generic drugs. More than 2 million people in the doughnut hole have saved an average of $657 in 2012 alone.
For 2013, people with Medicare in the doughnut hole will receive about 53 percent on the cost of brand name drugs and a 21 percent savings for the cost of generic drugs.
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In 2010, anyone with Medicare who hit the prescription coverage gap, called the doughnut hole, received a $250 rebate. The doughnut hole is the gap between the initial coverage limit and the catastrophic coverage threshold in the Medicare Part D prescription drug program.
In 2011, people with Medicare who hit the doughnut hole began receiving discounts on covered brand-name drugs and savings for generic drugs. More than 2 million people in the doughnut hole have saved an average of $657 in 2012 alone.
For 2013, people with Medicare in the doughnut hole will receive about 53 percent on the cost of brand name drugs and a 21 percent savings for the cost of generic drugs.
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