What Replaced the Medicare "Donut Hole," and How It's Likely to Impact You

What Replaced the Medicare "Donut Hole," and How It's Likely to Impact You

Key PointsThe Medicare “donut hole” refers to a coverage gap in Part D.Filling that coverage gap caused many Medicare recipients considerable financial anxiety.Obamacare is ultimately responsible for eliminating the donut hole. The $23,760 Social Security bonus most retirees completely overlook › Medicare Part D helps cover the cost of prescription medications. As useful as Part D is, it's not always easy to understand. Complicating matters a bi…