March 31, 2010 -- Thanks to the Patient Protection and Affordable Care Act signed into law by President Obama on March 23, 2010, Medicare enrollees who enter the dreaded “doughnut hole” -- the Medicare Part D coverage gap that has made seniors responsible for all their drug costs between $2,830 and $6,440 -- will save $250 in 2010. But Betterthanmedicare.com (BTM, http://www.betterthanmedicare.com) is already saving seniors thousands of dollars, because the global mail-order pharmacy has no doughnut hole.
“Under the Patient Protection and Affordable Care Act, seniors in the doughnut hole will save 50% on brand-name drugs in 2011. For the typical senior, that adds up to about a $700 savings,” explained BTM General Manager Gary Ryan. “The Act further promises to close the doughnut hole in 2020. It’s certainly nothing to sneeze at, but the fact is that BTM is saving seniors thousands of dollars right now and keeping people out of the doughnut hole altogether.”
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