Health reform law offers relief in Medicare Part D coverage gap

Traynor, Kate
July 2010
American Journal of Health-System Pharmacy;7/1/2010, Vol. 67 Issue 13, p1049
Academic Journal
The article reports on the gradual closing of the coverage gap that the new U.S. healthcare reform bill offers to participants in the Medicare Part D prescription drug benefit. Under the law, beneficiaries are obliged for 5% of their drug costs while the drug plan pays 15% and Medicare pays 80% when catastrophic coverage becomes available. Moreover, drug manufacturers will be mandated by the law to give Part D enrollees a 50% discount on the cost of covered brand name prescription medications.


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