Medicare drug benefits cause confusion

In a survey released by MedCo Health Solutions today, we find out that of the 1,000 Medicare beneficiaries selected, that 62% do not understand the doughnut hole when it comes to prescription drugs. More alarming is that 28% of those surveyed stated they weren't aware it existed.

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Medicare spending falls

According to this article at USA Today, the cost of drugs for Medicare fell $6 billion this fiscal year. The reasons for the fall are believed to be: more use of generic drugs, two million fewer participants and seniors avoiding falling in the doughnut hole.