Monday, February 18, 2008

7,500 Maryland Seniors Can Fill Their Prescription Drug Donut Hole

7,500 Maryland Seniors Can Fill Their Prescription Drug Donut Hole

On Friday, Maryland's governor announced a new prescription drug plan that would make 7,500 seniors in Maryland eligible for subsidies to help them buy their medications. A deal was reached with CareFirst BlueCross BlueShield, the region's largest non-profit health insurer, who has agreed to pay the annual $7 million cost of the program. The new plan would help senior citizens close a gap in Medicare drug coverage known as the doughnut hole. The average benefit would amount to $1,000 a person and depend on the senior's drug costs. About half of those eligible would spend less than $500 on drugs in the gap in coverage, and about 1,300 would spend up to $3,000, entitling them to more help. The subsidy would cover seniors with incomes from Social Security benefits or retirement plans up to about $30,000 for a single person. The Governor plans to introduce a bill next week to make the program official. To read more about this subsidy plan, go to: http://www.gov.state.md.us/pressreleases/080215.html

To find similar plans in your state, you can contact your local elected official at www.govengine.com. You can also see what sort of Medicare assistance is available to fill the donut holes in your health care benefits here: http://www.medicare.gov/bridging-the-gap.asp

No comments: