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Medicare Drug Coverage Gap or “Donut Hole”

A gap in coverage where the beneficiary pays 100% of drug costs up to a limit, created by Medicare Part D legislation. Affordable Care Act addresses this by offering rebate checks for participants who reach their coverage gap and by requiring pharmaceutical companies to offer discounts to consumers.

Federal Medical Assistance Percentage (FMAP)

The total percent of a state’s Medicaid expenses that are paid for by the federal government. This percentage can vary from 50 percent to 83…