Language Page 271, after line 53, insert:
Explanation(This amendment establishes a premium assistance program for Medicare Part D beneficiaries to cover the price of gap insurance for prescription drug costs that are not covered by the Medicare Part D program once an individual's prescription drug costs exceed an annual amount greater than $2,850 but less than $5,100. The Medicare Part D program does not cover drug costs between $2,850 and $5,100 for some beneficiaries with incomes above 150 percent of the federal poverty level (referred to as the "donut hole"). This program would help to ensure that medications are continuously available without interruption for persons living with chronic diseases requiring medication to maintain health. )