On Monday we discussed in this post the doughnut hole effect that many participants in Medicare are reaching right now. This latest article, also touches on the subject. One of their suggestions for combating this effect would be to put a little money away each month while they are on the plan and paying very little. Many agree that this is a logical solution, however, as one senior, Jim Walder, stated:
“But I didn’t see four dollar gallon gasoline coming. I didn’t see getting laid off to part-time work coming.”
Other solutions further mentioned in the article include patient assistant programs, using generic medications, and contacting Social Security regarding the Medigap policy.
Friday, October 24, 2008
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