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Texas ACA Case Could Re-Open Medicare Part D Donut Hole | ThinkAdvisor
Rep. Colin Allred, D-Texas, is the lead sponsor.
Members of the House Rules Committee are preparing to meet at 5 p.m. Eastern Daylight Time today to package the resolution for action on the House floor.
The committee plans to stream live video of the hearing here.
A recording of the video will be available after the meeting ends.
Allred also notes that killing all of the ACA would eliminate the ACA provisions that have been closing the Medicare Part D program benefits donut hole.
Before 2010, “Medicare enrollees faced massive out-of-pocket prescription drug costs once they reached a certain threshold known as the Medicare ‘’donut hole,’ and since the donut hole began closing in 2010, millions of Medicare beneficiaries have saved billions of dollars on prescription drugs,” Allred says in the resolution text.
“At a time when 3 in 10 adults report not taking prescribed medicines because of the cost, if the Trump administration succeeds in its argument before the court, seniors enrolled in Medicare would face billions of dollars in new prescription drug costs,” Allred says.
Rep. Colin Allred, D-Texas, is the lead sponsor.
Members of the House Rules Committee are preparing to meet at 5 p.m. Eastern Daylight Time today to package the resolution for action on the House floor.
The committee plans to stream live video of the hearing here.
A recording of the video will be available after the meeting ends.
Allred also notes that killing all of the ACA would eliminate the ACA provisions that have been closing the Medicare Part D program benefits donut hole.
Before 2010, “Medicare enrollees faced massive out-of-pocket prescription drug costs once they reached a certain threshold known as the Medicare ‘’donut hole,’ and since the donut hole began closing in 2010, millions of Medicare beneficiaries have saved billions of dollars on prescription drugs,” Allred says in the resolution text.
“At a time when 3 in 10 adults report not taking prescribed medicines because of the cost, if the Trump administration succeeds in its argument before the court, seniors enrolled in Medicare would face billions of dollars in new prescription drug costs,” Allred says.
