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Published on Mar 23, 2010
The Patient Protection and Affordable Care Act will ensure that all Americans have access to quality, affordable health care and significantly reduce long-term health care costs. Seniors, in particular, will see several significant improvements to our health care system.
This legislation provides a $250 rebate for all Medicare Part D enrollees who enter the donut hole in 2010. In addition, this bill builds on pharmaceutical manufacturers' 50% discount on brand-name drugs beginning in 2011 to provide 75% coverage for brand-name and generic drugs by 2020 to fill the donut hole.