Health bill’s ‘gonna fill your donut hole,’ Fallon croons
The host of “Late Night with Jimmy Fallon” channeled his inner-Pendergrass Monday night in order to croon about the health care reform bill passed by Democrats last week.
A NBC News anchor known for his self-deprecating wit also joined the band to pay tribute to the “big, effin’ deal.”
“Aside from Jimmy and The Roots, there’s nobody better at Slow Jammin’ the News than our friend and colleague, Brian Williams,” Fallon’s blog declares.
Williams noted that the law “closes the so-called donut hole in prescription coverage for senior citizens.”
In healthcare circles the “doughnut hole” is a large gap that exists in the middle of most Medicare prescription drug plans (PDPs), officially known as Medicare Part D. A standard PDP typically requires the beneficiary to pay an initial deductible, $275 this year, after which the plan starts picking up 75 percent of the cost of approved prescription drugsÃ¢â‚¬â€but only until the consumerÃ¢â‚¬â„¢s annual drug bill reaches $2,510.
The consumer then has to pay 100 percent of prescription drug costs until a second annual threshold of $5,726 ($4,050 out of pocket) is met. Once the consumerÃ¢â‚¬â„¢s annual total drug bill surpasses $5,726, the PDP and Medicare typically pay a combined 95 percent of drug costs from there on. Specifically, the doughnut hole refers to the gap in coverage that exists between those two spending thresholds, where the consumer has to pay 100 percent of the cost of approved prescription drugs.
“You heard it right, baby, this bill’s gonna fill your donut hole,” Fallon ‘slow jammed.’