#coverage gap

[spoonie-living]

The coverage gap: Donut you want to know?

What's the gap? The gap, commonly known as "the donut hole," occurs once you've filled $3,700 [retail] worth of prescriptions... Once you're out of the gap (more on that in a moment) catastrophic coverage kicks in. At that point, you'll pay $3.33 or 5% of the drug's retail price -- whichever one is higher.

Woof. Even under the ACA/Obamacare, Medicare can get pretty rough!

Here’s some info from Abigail over at I Pick Up Pennies that’ll help you understand what to expect, how to get through it, and even how it could impact your taxes.

[luffymonkey1227]

Stop the "what if Obama" whataboutism

Both Sides Are Using Democratic Politicians As Whataboutism Punching Bags And It Needs To Stop There is a particular kind of argument that has become so common in American political discourse that most people do not even notice it anymore. It hides in plain sight. It shows up in comment sections, in dinner table arguments, in cable news panels, in social media threads that spiral out of control…

Stop the "what if Obama" whataboutism

[crratbc]

Will Multiple Employer Plans Help Close the Coverage Gap? – Center for Retirement Research

The brief’s key findings are:

To encourage small firms to adopt retirement plans, policymakers have made it easier to participate in Multiple Employer Plans (MEPs).

MEPs involve less administrative burden and fiduciary responsibilities than a stand-alone plan, and – in theory – could be cheaper.

But few firms know about MEPs, some fiduciary tasks remain, exiting a MEP may be difficult, and MEPs can make mergers and acquisitions harder.

Also, it’s not clear that they do cost less, and any such assessment should consider employee – as well as employer – fees.

Overall, while MEPs could be attractive, adoption may be slow due to unfamiliarity with the product and uncertainty over any cost advantage.

[squaredawayblog]

People of color make up the majority of workers who fall into the health insurance gap in 11 states that have not expanded their Medicaid programs.

[labrat1952]

Nightmare For Many Senior Citizens – The Donut Hole!

Nightmare For Many Senior Citizens – The Donut Hole!

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Over 4 million senior citizens, up to 38 % of enrollees, may “go into the hole financially” or, “donut hole”, what…

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[medicarevideos]

Medicare Part D Prescription Plans, do I get coffee with the donut hole?

Medicare Part D Prescription Plans, do I get coffee with the donut hole?

You’re turning 65 and concerned about Medicare Benefits. This series is titled, Medicare, What's it All About? This is video 3 of 3, “Part D Prescription plans, do I get coffee with the donut hole”. Part D is prescription drug coverage that is offered through private Medicare-approved insurance companies. Every Medicare Prescription Drug Plan has its own list of drugs, called a formulary, for…

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[medicarevideos]

Understanding Medicare – Part D Prescription Drug Coverage -- Learn about Part D, also known as prescription drug coverage. Understand how to select a plan and what the coverage gap, or donut hole, entails. Y0066_121109_154557 CMS Accepted

[medicarevideos]

Medicare Part D Donut Hole The "Donut Hole" is a gap in coverage for prescription drugs for people on the Medicare, Part D program.