Medicare Changes: Doughnut Hole – Changes

From MSCCD Executive Director, Mary Troupe

As we move closer to 2011, I’d like to share with you a resource that explains how the doughnut hole will work next year.

As you know, under health reform the doughnut hole will be gradually phased out until 2020, when it will disappear completely. Next year, consumers will receive a 50% discount on brand-name drugs and a 7% discount on generics. Plus, the 50% discount will count towards total drug costs, which means people will spend less while in the doughnut hole.

Here’s the link: