Medicare Part D prescription drug coverage hit a new milestone this year. The highly - loathed "doughnut hole" or "coverage gap" closed this year. But that doesn't mean prescriptions will be free. The co-insurance in the former Part D doughnut hole dropped to 25% of all drug costs. That's the good news. But the out of pocket spending that's required to qualify for catastrophic drug coverage took a big jump, from ,100 in 2019, to ,350 an increase of ,250. That's the biggest jump in the out-of-pocket threshold since the start of Part D in 2006..Here's how one TSCL-backed proposal the Social Security 2100 Act would restore the program's solvency through the next century while strengthening benefits for older Americans..Dining On A Social Security Budget.According to a new analysis from the Congressional Budget Office, in 2015, the weighted average net price for top-selling brand name specialty drugs in Medicare Part D was ,600 for a 30-day supply, almost twice as much as the weighted average net price of ,920 for the same drugs in Medicaid. The big difference is how drug prices are determined..chances are we may have a chronic health condition that requires regular.Practice using the tool: Have your Medicare number, information about your current coverage, and a complete list of prescription drugs, including dosages and the number you need per month at hand. The Plan Finder will ask you to provide information including your zip code, current Medicare coverage, the drugs you take, the pharmacies you plan to use, and whether you want to see just Part D stand alone plans or Medicare Advantage plans or both. For meaningful results accurately enter all your prescriptions. When complete get your Drug List ID number, print it out and save it. You don't want to enter it again every time you revisit the Plan Finder and invariably you will..According to a report from the Senate Special Committee on Aging released this year, older Americans lose approximately billion each year to financial scams and abuse. It's appalling. It's offensive. It's unacceptable. And I'm working to do something about it..What if I make a donation and then become dissatisfied with TSCL?.Before Medicare, only half of our nation's seniors had health insurance and for far too many, a mild illness or injury could lead to bankruptcy or even death. Today, more than 47 million Americans receive Medicare benefits and have the peace and security of knowing that quality healthcare will be there for them when they need it.
