If you are nearing your retirement then you should check if you qualify for Indiana Medicare eligibility. This is very valuable to all the seniors especially those who have maintenance medications. The good news is older people will not be experiencing any increase in their medication cost for Medicare. According to health officials, Medicare beneficiaries who are part of the prescription drug benefits will not be seeing any increase in their premium costs.
The Department of Health and Human Service states that the low premium for prescription drug benefits can be attributed to the Affordable Care Act which is also known as Obamacare. The health care reform law also provides provisions which allow seniors to enjoy lower costs for their medications. HHS further stated that the low premium last year can be attributed to the wider use of generic drugs which is much cheaper as well as the increase in the competition.
The Part D benefits are voluntary and it can cover for the medications of the elderly and people who have disabilities. This is a separate type of insurance plan that can be purchased from private insurers. The coverage gap in this prescription benefits will be subsidized by the government. The health care reform law intends to close the gap in 2020. The coverage gap will be obtained by Medicare beneficiaries who are exceeding the limit of their annual spending. Due to the new health care law, seniors who are in the doughnut hole have already obtain a savings of more than $3.9 billion. That is why; more seniors and disabled persons are supporting the Affordable Care Act due to the tremendous savings that they can get. In order to know more about Indiana Medicare eligibility, you can visit us at http://acceptableanswers.com. For more information and details you can also contact our agents at (888) 355-7129.