Coverage Gap

CMS confirms 50% discount for drugs in Medicare Part D coverage gap in 2011

The Centers for Medicare & Medicaid Services recently disclosed that 234 drug manufacturers that sell drugs covered by Medicare Part D have signed a pledge to provide a 50% discount to seniors who fall into the coverage gap, or doughnut hole.

CMS releases drug maker agreement in move to close Medicare Part D coverage gap

CMS releases drug maker agreement in move to close Medicare Part D coverage gap

The Centers for Medicare & Medicaid Services on Monday took the next step in its bid to close the Medicare Part D coverage gap: It released a drug maker agreement that will secure 50% savings for beneficiaries next year.