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Coverage through the “Doughnut Hole”

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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-01-06 02:43 PM
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Coverage through the “Doughnut Hole”
In 2007, every state that has a stand-alone drug plan with meaningful coverage
through the doughnut hole will see substantial increases in the monthly premiums
for these plans. Premium increases will range from 22 percent to 185 percent. Nationally,
the median increase in premiums will be 87.4 percent (Table 3).
Seven states in the Upper Midwest (Iowa, Minnesota, Montana, Nebraska, North
Dakota, South Dakota, and Wyoming) will see the largest percent increase, with
monthly premiums for these plans increasing by 185 percent. Overall, their
premiums will shoot up from $38.70 in 2006 to $110.30 in 2007.
In New Jersey, premiums for plans with meaningful coverage through the
doughnut hole will increase by 180 percent, from $48.50 in 2006 to $135.70 in
2007.

In Missouri, premiums for plans with meaningful coverage through the doughnut
hole will rise by more than 111 percent, from $56.43 in 2006 to $119.50 in
2007.


http://www.familiesusa.org/assets/pdfs/medicare-donut-hole-nov-2006.pdf

Check the report at the link. They have a table of the expected increases by state! It won't be long before your entire SS check will be needed just to pay for health care coverage!
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