Obama, Drug Industry Announce Partial Funding of Medicare Doughnut Hole
President Barack Obama was joined yesterday by two of the chairmen of the Senate panels overseeing healthcare reform legislation—Max Baucus (D-MT) and Chris Dodd (D-CT)—plus an AARP representative to announce the agreement with pharmaceutical manufacturers to spend $80 billion over the next decade to assist Medicare beneficiaries in defraying drug costs.
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MacKenzie Kimball
MacKenzie Kimball is an Associate Editor in HCPro's long-term care division. She is the editor of the monthly newsletter PPS Alert for Long-Term Care and the MDS 3.0 Update e-newsletter.
MacKenzie has written 84 posts.
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Will this new legislation of closing the donut hole be for all people on medicare or will it be based on the amount of your financial benefit?
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