Ill. Medicare ‘Doughnut Hole’ Savings Average $801

CHICAGO (AP) Thousands of Illinois residents with high medication costs are seeing some gains from a provision of the Affordable Care Act.

The federal government announced figures earlier this week on how the law is closing the prescription drug “doughnut hole,” a spending level that isn’t covered by Medicare. The numbers include a breakdown by state.

The government says that during the first 10 months of 2013, nearly 115,000 Illinoisans who reached the coverage gap have saved an average of $801 per person.

The “doughnut hole” is the gap in the Medicare prescription drug benefit before catastrophic coverage for prescriptions takes effect. A provision in President Barack Obama’s health care law gradually closes the doughnut hole by giving Medicare beneficiaries discounts.

© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

blog comments powered by Disqus
Listen Now
Thanksgiving Guide
Make Your Picks!

Listen Live