Dems vow to close Medicare ‘doughnut hole’

Full Story msnbc.com

WASHINGTON – It’s an annual ordeal for many seniors living on a budget.

Medicare’s coverage gap for prescription drugs — $3,610 next year — has steadily gotten bigger since the benefit’s inception. But if Democrats have their way on health care overhaul, the dreaded “doughnut hole” will shrink by $500 right away and go away altogether by 2019.

With the elderly worried that Medicare cuts in the health care bill will put the quality of their own care in jeopardy, Democrats belatedly are scrambling to convince them otherwise. Lawmakers are eager to make amends with a pivotal political constituency ahead of next year’s midterm elections.

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