Much to pharmaceutical companies' benefit, Medicare has been barred from negotiating for the lowest drug prices when paying for the Part D prescription drug benefit. This translates to unnecessarily higher costs for both beneficiaries and Medicare. Currently both the House and Senate are looking at various proposals that would give Medicare drug price negotiation power. One is … [Read more...] about Don’t Believe the Lies ~ Medicare Drug Negotiations Savings Would Be ReInvested for More Medicare Benefits
Biden Administration Rescinds Proposed Part D Changes That Would Have Weakened Access to Essential Medications
Last month, the Biden Administration rescinded proposed Part D changes by the former administration that would've restricted people's access to important categories of drugs, such as antidepressants and immunosuppressants. The Trump Administration made these changes on January 19, one day before Biden's inauguration. The proposed changes pertained to Part D demonstration … [Read more...] about Biden Administration Rescinds Proposed Part D Changes That Would Have Weakened Access to Essential Medications
Problems with Medicare Plan Finder Giving Inaccurate Information
Medicare beneficiaries across the country are in the midst of navigating their health care coverage options for 2021. Medicare's annual Open Enrollment, which is from Oct 15 - Dec 7, is in full swing, and is the main time each year that beneficiaries can return to Original Medicare or change their Medicare Advantage and/or Part D drug coverage for the upcoming year. To do this, … [Read more...] about Problems with Medicare Plan Finder Giving Inaccurate Information
Unhappy with your Medicare Advantage Plan? You Can Change Your Coverage Before 3/31
If you or someone you know is not happy with their Medicare Advantage Plan, you can change your plan or return to Original Medicare and get a new Part D plan during the Medicare Advantage Open Enrollment Period (MA OEP). The MA OEP runs from January 1 through March 31 each year. This opportunity to change coverage is one of several that are important to remember, especially … [Read more...] about Unhappy with your Medicare Advantage Plan? You Can Change Your Coverage Before 3/31
Congress Expresses Concerns on the New Medicare Plan Finder
On December 10th, a bipartisan group of congressional leaders from the U.S. House of Representatives sent a letter to the Centers for Medicare and Medicaid Services (CMS) about their concerns with the erroneous information on the newly redesigned Medicare Plan Finder. The letter references the errors and inaccurate information that advocates, such as California Health … [Read more...] about Congress Expresses Concerns on the New Medicare Plan Finder
