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The Medicare Part D coverage gap (informally known as the Medicare donut hole) was a period of consumer payments for prescription medication costs that lay between the initial coverage limit and the catastrophic coverage threshold when the consumer was a member of a Medicare Part D prescription-drug program administered by the United States federal government.
Officially, Medicare drug plans no longer have a donut hole—the gap between covered drugs and catastrophic coverage. This hole was gradually closed thanks to provisions in the Affordable Care ...
Prior to 2010, enrollees were required to pay 100% of their retail drug costs during the coverage gap phase, commonly referred to as the "doughnut hole.” Subsequent legislation, including the Affordable Care Act, “closed” the doughnut hole from the perspective of beneficiaries, largely through the creation of a manufacturer discount program.
The annual cost-of-living adjustment is built-in to the Social Security system and has nothing to do with the policies of the Biden Administration. ... This would create a so-called “donut hole ...
The “donut hole” refers to a gap in taxable income for Social Security purposes. Currently, the amount of income subject to Social Security payroll taxes is capped at $168,600 for 2024 and it ...
Donut hole or doughnut hole a type of donut formed out of small round pieces of dough. Donut hole or doughnut hole may also refer to: The Donut Hole, a bakery and landmark in California; Medicare donut hole , a gap in U.S. Medicare coverage; Donut Hole Agreement, a Bering Sea fisheries agreement
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The concept of forming donuts with a hole in the center is commonly attributed to Captain Hanson Gregory, [1] [2] who claimed to have invented the first ring donut after cutting the center of his mother's donut out in 1847. [3] Many early recipes called for the donut to be formed in the shape of a jumble, a circular cookie with a hole in the ...