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Tuesday, August 16, 2011

Medicare Donut Hole Swallows Meds


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Medicare Donut Hole Swallows Meds

Some 50 million Americans 65 and older currently get help from Medicare. But the program doesn't cover all of a patient's medications. After a patient's annual drug cost hits $2,800, the patient pays the rest of the tab up to another $4,500. Between three and four million people hit this so-called "doughnut hole" each year, usually in mid-August, and don't qualify for low-income assistance. [More]



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