Posted: Nov 27, 2011 8:55 AM by Matt Stafford
Updated: Nov 28, 2011 9:45 AM
WASHINGTON (AP) - Medicare's prescription coverage gap is getting smaller and easier to manage this year for millions of older and disabled people with high drug costs.
That gap - known as the "doughnut hole" - will shrink about 40 percent for those unlucky enough to land in it this year. That's according to new Medicare figures in response to a request from The Associated Press.
The savings are thanks to discounts and other provisions in President Barack Obama's health care overhaul law.
It's roughly the difference between $1,500 without the law and $900 after the savings.
More than 2 million beneficiaries already have gotten some help.
But it's unclear if the discounts will overcome older people's skepticism about the law, which cut Medicare to expand coverage for the uninsured.