The Pros And Cons Of Medicare

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You mentioned one of the flaws of Medicare was the prescription drug coverage. This is an extremely important part of the Medicare program. Unfortunately, you are correct about the donut hole associated with Part D coverage. For the most part, the costs of medications are rapidly exceeding the end user’s ability to pay for the drugs. There is a rising demand on the health care system as people are living longer due to better drugs and treatments. With these managed chronic conditions, many baby boomers will need costly prescriptions. Medicare Part D coverage was passed in 2006 and used as a cost-sharing method for the high cost of prescription drugs (Hsu et al., 2008). While Medicare does offer part D coverage, there are still copayments,

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