U.S. SENATOR Jeff Bingaman
Thursday, June 11, 2009
Jude McCartin
Maria Najera
703 Hart Building
United States Senate
Washington, DC 20510
(202) 224-5521
Bingaman Bill to Help Low-Income Seniors Pay for Medications
WASHINGTON- U.S. Senator Jeff Bingaman today introduced legislation that will help ensure that low-income seniors have access to affordable prescription medications.
“This bill will ensure that life-saving pharmaceuticals are available to millions of Americans of modest means,” Bingaman said, a member of the Senate Finance Committee – the panel with jurisdiction over Medicare.
Under current law, Medicare Part D enrollees pay a premium for an insurance plan that picks up most of the costs of their prescription medications. Because of a flaw in the law, Medicare doesn’t assist with the cost of medications after $2,700 has been paid out. The individual is responsible for paying the next $3,454. The amount between $2,701 and $6,153 is known as the “coverage gap.” While in that gap, Medicare recipients must incur significant out-of-pocket costs, which is particularly burdensome for low-income Americans.
Bingaman’s bill, called the Helping Fill the Rx Gap Act of 2009, would assist low-income seniors by allowing them to apply prescription assistance received through federal health programs, safety-net hospitals and pharmaceutical manufacturer-sponsored patient assistance programs to count toward the $3,454 out of pocket expense incurred while in the coverage gap.
“This important legislation will help ensure that low-income seniors have full access to the benefits available to them under the Medicare Drug Benefit,” said Bingaman.
Jude McCartin
Maria Najera
703 Hart Building
United States Senate
Washington, DC 20510
(202) 224-5521