Bilirakis Introduces Resolution on Eliminating the Medicare Coverage Gap
Washington, D.C. – U.S. Rep. Gus Bilirakis announced he introduced a resolution calling on Congress to support the elimination of the Medicare Part D coverage gap, known as the “donut hole,” as part of the American Health Care Act. Click here to read the bill text.
“Seniors in my district have expressed concerns about rumored changes to Part D under the American Health Care Act. As a result, I introduced this resolution to ensure that the ‘donut hole’ coverage gap will continue to be filled-in, and to reaffirm our commitment to seniors. I believe this provision of the American Health Care Act truly helps the millions who rely on Part D, and I urge all my colleagues to get on board,” said Bilirakis.
39 million Medicare beneficiaries rely on Medicare Part D for the prescription drugs they need at an affordable price. According to a study from the Healthcare Leadership Council, 89% of seniors are satisfied with their coverage under Part D.
However, beneficiaries reach a coverage gap, known as a donut hole, when their total drug costs exceed $3,700 and catastrophic coverage does not kick in until costs reach $8,071. Under the American Health Care Act, the donut hole will continue to be phased out by 2020.