Understanding The Medicare Part D Donut Hole
The donut hole, or coverage gap, has long been one of the most controversial parts of the Medicare Part D prescription drug benefit, and of concern to many people who have joined a Part D drug plan. The good news is that the Affordable Care Act (ACA) has closed the donut hole as of 2020, after several years of slowly shrinking it. The donut hole closed in 2019 for brand-name drugs (a year early, thanks to the Bipartisan Budget Act of 2018), and in 2020 for generic drugs....