WHAT NOW?
By Frank Kaiser
*
HELP! I have reached the donut hole. My income is less than $13,500 and I would qualify for all kinds of help — except I have some meager savings. Why should I be penalized for being prudent enough to save a few thousand for my old age? (Thinking that Congress and the AARP would help me with my old age — 80 — was a fantasy.) This gift to Big Pharma is a bad joke on old folks. Can you help people like me? — Romaine Galey Hon, Boise, ID
In a word: Maybe.
This is for the 4- to 7-million American seniors who are today face to face with Plan D's diabolical donut hole.
You forked out the initial $265 deductible.
You’ve paid about 30 bucks a month premium.
And you’ve footed another $500 as your share of the next two grand.
Now the retail cost of your covered drugs has hit $2,400*. Prepare to plunge into the dreaded Donut Hole!
And until your total out-of-pocket cost reaches $3,850, your Plan D insurance company pockets your premiums while giving you diddly in return.
What a deal, huh? Amazing what happens when the drug and insurance lobbyists combine their wicked talents to write a new Medicare Drug Bill.
Thanks, Congress and AARP! Now American seniors are literally dying for lack of cash for medicine.
http://www.suddenlysenior.com/FULLSTORY.html