What You Need to Know About Health Care Changes


Medicare Part D is a federal program that offersprescription drug coverage to anyone with Medicare. Today, thirty-two millionMedicare beneficiaries, more than half of those enrolled in Medicare, receivedtheir prescription drug coverage through Medicare Part D as of September 2012.

This year, there has been a lot of debate about the newhealth care law. Here's what you need to know:

  • Anyonewho is eligible for Medicare may join a Medicare prescription drug plan to gethelp paying for prescription drug costs.
  • Thehealth reform law calls for gradually lowering out-of-pocket costs when seniorsenrolled in Medicare Part D reach the coverage gap, otherwise known as the"doughnut hole."
  • Beginningin 2011, enrollees who reached the gap began receiving a 50% manufacturerdiscount on the total cost of brand-name drugs and additional subsidies forgeneric medications.
  • Medicarewill phase in additional subsidies for brand-name drugs beginning in 2013.

If you qualify for Medicare, you only have until December7, 2012 to either sign up for or switch your Medicare prescription drugcoverage. There are a number of prescription drug plans to choose from, soMedicare beneficiaries can't afford to miss the opportunity to make a choicethat is best for them.

For more information, go to or call 1-800-MEDICARE (1-800-633-4227).