As many seniors turning or already 65 may know, the Affordable Care Act helped close the largest part of the Medicare Part D donut-hole. This means most consumers with a Part D drug plan will have a greater % of their prescription drugs cost covered by their plan.
What is the Donut Hole?
The term refers to how drugs are covered under Part D drug plans. Like the hole in a middle of a donut, there is portion of part D plans that is sometimes lacking full coverage. This is also known as the coverage gap.
To learn more about how Medicare Part D prescription drug plans work, visit our Medicare Part D coverage page or just contact Senior65.com.