Draft Bill Provides Needed Prescription Drug Pricing Reform
In early July, the Senate Finance Committee drafted legislation to help address the burdensomely high prescription drug prices affecting Medicare beneficiaries, and aims to have it passed through the upcoming…
Don’t Believe the Lies ~ Medicare Drug Negotiations Savings Would Be ReInvested for More Medicare Benefits
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…
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Last month, the Biden Administration rescinded proposed Part D changes by the former administration that would’ve restricted people’s access to important categories of drugs, such as antidepressants and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…
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,…
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…
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…
While Medicare’s Open Enrollment is Over, Consequences for the Medicare Plan Finder’s Inaccuracies Are Not
Even though Medicare’s Open Enrollment period is over, the consequences resulting from some of the inaccurate information on Medicare’s Plan Finder (MPF) are not. In fact, they will only start…
Part D Penalties ~ What Are They & Can They Be Avoided?
Nobody likes penalties, especially when it means paying more money. When it comes to Medicare, most people can avoid penalties by enrolling in Parts A, B and D when first…
Looking to Save Money? Start with Rx Costs
Did you know that drug costs rose 12.2% in 2014 alone which is 5 times as fast as the year before? And that the price of the 50 top most-used…
Reviewing Your Coverage Options for 2016 Can Save You Money!
Bill, a Medicare beneficiary in his early 80’s, signed up for a Medicare Part D plan when the program launched in 2006. His Part D plan, one of three offered…
