NewRetirement Retirement News Digest : Medicare Beneficiaries Confused and Angry Over Gap in Drug Coverage
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Medicare Beneficiaries Confused and Angry Over Gap in Drug Coverage

The New York Times, July 30th, 2006

Tens of thousands of Medicare beneficiaries who signed up for prescription drug coverage are paying monthly premiums, but Medicare is not paying any of their drug costs because they have reached a gap in their coverage.

The gap, the notorious “doughnut hole,” is upsetting many beneficiaries, and it has become a potent symbol as politicians debate the merits of the new program.

Federal officials and outside experts say that 3 million to 3.5 million people may fall into the gap this year, about half the number predicted. While lawmakers and lobbyists were well aware of the problem, it is attracting fresh attention because many beneficiaries are just now discovering it.

The original estimates assumed that people would sign up for drug coverage in January, but many waited until April or May. They will file fewer claims than expected and are therefore less likely to reach the gap in coverage this year.

Read more of this Article.    Learn more about Medicare.
Published Monday, July 31, 2006 6:50 PM by jberman
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