Medicare does not have a donut hole. Perhaps you are thinking of Medicare Part D, the private prescription drug plan.
In 2013 the Part D donut hole is $2970. Under Obamacare the donut hole will gradually close a little each year until 2020 when the hole will close completely.
Of course there is a cost associated with transferring donut hole risk to the carrier. Medicare Part D premiums will rise, copay's will rise and drug tiers will shift resulting in higher out of pocket costs for those who use a lot of medications, especially if those drugs are higher priced.
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In 2013 the Part D donut hole is $2970. Under Obamacare the donut hole will gradually close a little each year until 2020 when the hole will close completely.
Of course there is a cost associated with transferring donut hole risk to the carrier. Medicare Part D premiums will rise, copay's will rise and drug tiers will shift resulting in higher out of pocket costs for those who use a lot of medications, especially if those drugs are higher priced.