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Post date: Dec 17, 2011 12:8:27 PM
Snap-O Fact #14
The Obama Administration closed the “doughnut hole” in the Medicare prescription drug plan."Barack Obama wants to close the 'doughnut hole' in the Medicare Part D Prescription Drug Program that limits benefits for seniors with more than $2,250 but less than $5,100 in annual drug costs. Approximately 4 million seniors hit the doughnut hole in 2006, paying full price for drugs while also paying drug plan premiums."
>> More From Politifact.com
Sources:
"Barack Obama: Helping America's Seniors"
AARP Bulletin Today, "Medicare Prescription Drug Coverage: Part I," accessed March 26, 2010
U.S. House of Representatives Energy and Commerce Committee, House Democrats Introduce Bill to Provide Quality, Affordable Health Care for All Americans , July 14, 2009
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