Medicare Reform

The ACA creates a federal advisory board to make recommendations about how to reduce savings in Medicare without affecting quality. It will fill up the “donut hole” in Medicare Part D. Currently, Medicare Part D subsidizes drug costs except when costs fall between $2,700-$6,154 – the “donut hole”. The ACA now makes it so these costs will be covered as well. Insurers of Medicare will be paid less in order to reduce the deficit.