Widespread Lack of Knowledge About Medicare 'Doughnut Hole'
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A recent survey of seniors on Medicare Part D drug plans has found that there is still widespread misinformation and confusion on the gap in drug coverage commonly known as the "doughnut hole."
The study, released last week by the Medicare Rx Education Network, found that almost half (47 percent) of respondents enrolled in a Medicare drug plan were not aware of the gap in coverage or "doughnut hole."
Advocates for seniors have declared Sept. 22 a symbolic "Doughnut Hole Day" to educate beneficiaries on the gap.
During the coverage gap, beneficiaries must pay for 100 percent of drug costs until their total out-of-pocket costs equal $3,600.
"Although the majority of Medicare beneficiaries will not reach the drug coverage gap, seniors need to know the facts," said Brian Poger, President of Senior Educators, an organization that provides enrollment assistance and education on Medicare plans.
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