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Born at the Crest of the Empire

Saturday, June 10, 2006

A Medicare Timebomb

Honestly, I haven't kept up with all the details on the Medicare Drug Plan, but this surprises me. Millions of seniors on the Bush Drug Plan are about to get nailed for $3,600 that they don't see coming.
In coming months, millions of beneficiaries will have similar experiences, as the cost of their drugs reaches the initial coverage limit of $2,250. Like Mr. Flores, they will have to pay the full cost of each medicine until their out-of-pocket costs reach $3,600. At that point, Medicare coverage resumes, paying 95 percent of the cost of each prescription.

On May 2, Mr. Flores paid $20 for Plavix, a blood thinner used to reduce the risk of heart attack and stroke, and Medicare paid $109.62. But when he refilled the prescription at the end of May, he was in the coverage gap, so he had to pay the full amount, $129.62.

Mr. Flores is angry with Medicare, with his drug plan and even with the pharmacists who try to help him. He says no one told him about the coverage gap when he signed up.


Tell me this doesn't sound like something that going to create some serious anti-Republican backlash.

4 Comments:

  • Ahhh .... the donut hole. Yep. Here it comes!

    By Blogger Greyhair, at 4:05 PM  

  • Again, I hadn't been keeping up on the details, it doesn't affect me directly, at least I am not and know no one close on Medicare. It just blows my mind. Simple math says that if it's 1 million seniors, they are going to be paying as much as $3.6 Billion.

    Mind blowing.

    Mike

    By Blogger mikevotes, at 5:00 PM  

  • Oh well. At least it helps to foot a tiny percentage of the bill for the tax cut gifts Bush gave to the top 1 percent. Didn't anyone wonder where that money was going to originate from? On the backs of those who can least afford it, as usual.

    By Anonymous Anonymous, at 8:20 PM  

  • Yeah, Rachie. Those "millions" on fixed incomes handle sudden expenses so well.

    Mike

    By Blogger mikevotes, at 10:08 PM  

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