After the President's signature on Senate health care reform, people are wondering "what will it mean for me?"

Many Americans are not sure how health care reform will treat them, including the 39 million seniors on Medicare. Around seven out of 10 of them prefer Medicare for their prescription drug coverage, and now there are revisions on the way.

"This year, seniors who fall in the coverage gap known as the doughnut hole will start getting some help", this is what the President Obama has said to explain that change.

Seniors fall into the doughnut hole once they reach their $2,830 limit. Then they have to give $3,610 out of pocket for drugs before prescription coverage starts again at $6,440.

Seniors who fall into that doughnut hole will get a $250 rebate, this year. In 2011, they will get a 50% discount on brand-name drugs. In addition, seniors will receive a 7% discount on generic drugs, which will rise 7% every year after that.

In 2020, the doughnut hole will come to an end, meaning seniors will receive no gap in coverage.

From next year, the legislation will start offering all seniors free annual wellness exams and preventive tests, like check-ups for high blood pressure and certain cancers.

However, some seniors who make $85,000 or more a year and already pay more in premiums for visits to doctor and prescription drug coverage will see those premiums getting expensive, depending on which plan they pick.