WASHINGTON, D.C. – Dan Weber, President of the Association of Mature American Citizens (AMAC), issued the following statement encouraging Congress to address lingering challenges facing the Medicare Part D Program:
“The Association of Mature Americans, and millions of seniors nationwide, welcome the closing of the Medicare Part D ‘donut hole’ in 2019. However, in making structural changes to the ‘donut hole,’ Congress needs to make sure they maintain the competitive incentive structure that has made Part D successful over the last 15 years.
AMAC calls on Congress to fix recent changes made to Medicare Part D in the 2018 Bipartisan Budget Act (BBA). Congress needs to keep its promise to close the ‘donut hole’ in 2019, while also ensuring the structure of Medicare Part D is not compromised by the recent changes they enacted.
Furthermore, Congress needs to address the drastic increase seniors will see in their out-of-pocket costs in 2020 as the Medicare Part D catastrophic threshold increases. If nothing is done, seniors will pay nearly $1,250 more to reach catastrophic coverage in January 2020 than they currently do. This is completely unacceptable.
Our membership, and more than 42 million seniors nationwide, rely on Medicare Part D to afford their medications and live full, healthy lives. Beneficiaries’ interests should be put first, and Congress must work diligently to ensure Medicare Part D remains as effective, efficient, and enduring as possible.”