TITLE

Health reform law offers relief in Medicare Part D coverage gap

AUTHOR(S)
Traynor, Kate
PUB. DATE
July 2010
SOURCE
American Journal of Health-System Pharmacy;7/1/2010, Vol. 67 Issue 13, p1049
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
51473280

 

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