By the end of this summer, more than one million older Americans will have fallen into what health care advocates call the “doughnut hole,” meaning that they won’t be covered by Medicare’s prescription drug program and have to pay out of pocket.
AARP South Carolina’s Patrick Cobb says his organization has launched a new resource to help older citizens avoid that gap. “The online calculator tells you ahead of time if you’re going to fall into the hole. And it offers advice so you can avoid hitting the gap. The gap is between $2700 and $4300, and those whose drugs have cost enough end up paying out-of-pocket, even though they are also paying a premium for drug coverage.” [click to continue…]
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