Open enrollment for the Affordable Care Act has come and gone for 2014. Unless you have a qualifying life event that triggers a Special Enrollment Period, individuals and families may not purchase a health plan either through Covered California or directly from one of the carriers. For that awkward moment when you realize you have […]
The Affordable Care Act set in motion a series of reforms to slowly close the coverage gap or “donut hole” that Part D members faced after they met their initial coverage dollar amount. Pharmaceutical manufacturers that wanted their Brand name drugs covered in the gap had to sign an agreement with Medicare to cover 50% of the cost of the drug. Medicare has had to assess civil monetary penalties on many companies that failed to cover the discount.