Health & Medicine for Senior Citizens
More Enhanced Online Tools by Insurance Broker to
Help Seniors Select Medicare Plans
Health Plan One says it has also added more
information on types of Medicare health insurance available
Dec. 15, 2008 – Joining the growing list of
insurance marketers to provide enhanced online tools to help senior
citizens find the Medicare plans that best suit their needs is Health
Plan One. The company says it also expanded its education section to
provide more detailed information on the types of Medicare health
insurance plans available.
Read
more...
Senior Citizens Have Until December 31 to Make
Changes in Medicare Coverage
Health plan costs are going up in 2009 and changing
plans could save big money says Medicare Interactive
Dec. 11, 2008 – In the wild rush to the holidays,
senior citizens should not forget that the door is open to make changes
in Medicare – health plans or drug plans - until the end of the year.
Read more...
JAMA Study Say Generic Drugs Match Brand-Names for
Treating Cardiovascular Disease
Many senior citizens perplexed: scientific analysis
favors generics, commentaries lean toward brand names
Dec. 2, 2008 – The surge of generic drugs to hit
the market in the last few years and the plunge in prices led by Walmart
has attracted many senior citizens to these prescription drugs. Yet, for
many, there has been a nagging doubt of their potency – how could a drug
that costs only $4 per month do the same thing as the one that was
costing $80 a month.
Read more...
Medicare Drug Program News
Kaiser Family Foundation Can Help Seniors Get It
Right in Choosing Medicare Drug Plan
Economic crisis puts emphasis on senior citizens
making cost-effective choice for 2009
Nov.
24, 2008 – The news media are filled with stories about the dire
situation for many senior citizens being created by the economic crisis
in the U.S. One thing they do is emphasize the importance that seniors
get it right on the Medicare drug plan, as they contemplate changes
during this open enrollment period that began on November 15 and is open
through the last day of the year. One source worth checking that
provides helpful information is the Kaiser Family Foundation.
Read more...
Vast Majority of Senior Citizens Do Not Understand
Donut Hole in Medicare Drug Program
Medco offers free guide - ‘What's
Your Gap? Three simple steps to make the most of your Medicare Part D
coverage and delay the Coverage Gap’
Nov. 18, 2008 – If you are still confused about the
coverage gap – or donut hole – in the Medicare Part D drug program,
don’t feel dumb or alone. Nearly two-thirds of senior citizens covered
by the program don’t understand it, although, it is a key part of the
program and can lead to devastating unexpected drug costs.
Read
more...
Medicare Opens Window for Senior Citizens to Change
Drug Plans; Closes End of Year
Seniors with limited resources may be eligible for
extra help to pay monthly premiums, annual deductibles and prescription
co-payments
By Oscar Garcia
Public Affairs Specialist, Social Security Administration
Nov. 17, 2008 - The open season for enrollment in
the Medicare Part D prescription drug program opened on November 15 and
will run to December 31. Newly eligible Medicare beneficiaries and
current beneficiaries, who are considering changes to their Medicare
Part D plan, can do so during this period.
Read more...
Half the Senior Citizens in Medicare Drug Plans
Could Have Saved Money with Better Choice
CVS/pharmacy joins National Council on Aging to
assist seniors in finding best plan for 2009
Nov.
13, 2008 – Half of the senior citizens in the Medicare Drug Program
would have saved over $250 this year, if they had done a better job of
selecting a plan that fit their situation. It least that is what is
indicated in a survey by CVX/pharmacy. The drug retailer has joined
forces with the National Council on Aging to assist and encourage
seniors to take the time to find the best plan possible during this open
enrollment period.
Read
more...
Private Website Releases Online Tool Showing Changes
in Medicare Part D Plans for 2009
PD-Compare only such tool freely available to the
public, says Medicare-PartD.com
Nov. 13, 2008 – Medicare’s Open Enrollment period
opens on November 15 and millions of senior citizens are concerned about
changes their current Part D drug plan and will be seeking better
options. A helpful tool may be “PD-Compare,” an online service from
Medicare-PartD.com that helps seniors visualize plan changes in features
such as monthly premiums, donut coverage, co-payments, and deductibles.
Read more...
Medicare Tightens Compensation Rules for Selling
Medicare Advantage, Drug Plans
Industry spokesperson commends CMS on guidelines
for agent and broker commissions
Nov. 11, 2008 - Still trying to cure the problems
in the marketing of the private company Medicare Advantage plans, the
Centers for Medicare & Medicaid Services (CMS) yesterday issued revised
requirements limiting compensation for sales agents and brokers who sell
MAs and prescription drug benefit plan options to people with Medicare.
Read more...
Medicare Open Enrollment Just 5 Days Away; Seniors
Shocked at Drug Plan Price Increases
Lois
Fitzpatrick and husband, Ken, are preparing to deal with an 85
percent increase in the monthly premium for her Medicare drug
plan that will come next year.
Read
report by Kansas City Star |
CMS urging senior citizens to start their research
now to save on costs in 2009; two private companies join forces to offer
plans online
Nov. 10, 2008 – Medicare Open Enrollment – the
window that opens each year for senior citizens to make changes in their
Medicare programs – opens in five days on November 15. The attention is
on the Medicare Part D Prescription Drug Program, where many seniors are
finding their old plans have changed drastically and they are facing
large cost increases in 2009.
Read more...
Medicare Drug Plan Data for 2009 Now Available Online
for Senior Citizens to View Options
Open enrollment is Nov. 15 through Dec. 31 – Links
below to key information at Medicare
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Links
below story to Medicare |
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Oct. 10, 2008 – The data on the Medicare Part-D
prescription drug plans for 2009 has now been loaded into the computers
and senior citizens can begin exploring their options for the new year.
The Centers for Medicare & Medicaid Services has been relentless in
warning seniors that the cost of their current plan may increase
significantly in 2009 and it is important they explore all the options,
including other drug plans or Medicare Advantage plans with drug
coverage. (See below story for help in finding information at Medicare)
Read more...find links to Medicare data
More
Than a Million Low-Income Seniors Being Moved to New Medicare Drug Plans
Avalere Health says low-income beneficiaries will
again see choices shrink in 2009
Oct.
9, 2008 – More than 1.3 million low-income senior citizens will find
themselves automatically reassigned to new drug plans for 2009,
according an analysis by Avalere Health, which says there will be fewer
options for low-income Medicare beneficiaries trying to choose a Part D drug plan. Avalere notes this is a trend that has
increased every year since the drug benefit began.
Read
more...
Senior Citizen May Get a Shock When They See
Medicare Drug Plan Premiums for 2009
Medicare administrator urges every senior to check
their plan and other options
By Tucker Sutherland,
editor, SeniorJournal.com
Oct. 8, 2008 – Senior citizens may be in for a big
surprise if they just renew their Medicare Part D drug plan this year,
without checking the details – like the premium, co-pays and
deductibles. The cost for 2009 may be substantially higher than it was
in 2008. This seemed to be the message being delivered today by Kerry
Weems, acting administrator of the Centers for Medicare & Medicaid
Services, in a telephone news conference.
Read more...
Senior Citizen Opinions & Analysis
Medicare has Created Wild West Marketplace, Older
Americans Ripe for Exploitation
President of Medicare Rights Center on choice of
prescription drug and Medicare health plans for 2009
By
Robert M. Hayes, President, Medicare Rights Center
Sept.
26, 2008 - Once again, all across the country, people with Medicare will
face for 2009 a bewildering choice of nearly 50 prescription drug plans
and over 40 Medicare health plans, including HMOs, PPOs, and private
fee-for-service plans of every variety. It is a Wild West marketplace
and older Americans are ripe for exploitation.
Read more...
Medicare Drug Program News
Average Medicare Drug Plan to Cost $3 More in 2009 but Lower Price
Options Available to Most
National average monthly premium for basic drug
benefit in 2009 projected to average $28; Medicare Advantage available
to all
Sept.
25, 2008 - The average monthly premium for a Medicare Part D stand-alone
prescription drug plan will jump about $3 in 2009 to $28. But, Medicare
say, about 97 percent of senior citizens will have access to
drug and health plans in 2009 whose premiums would be the same or less
than in 2008. It may, however, mean changing plans, according
to an announcement today by Medicare of drug plan and Medicare Advantage
options for 2009.
Read more...
One of Four Seniors Who Used Medicare Drug Program
in 2007 Fell into ‘Donut Hole’
Many who fell in just stopped taking their
prescription drugs
Sept. 21, 2008 – With senior citizens beginning to
consider their options in the Medicare Prescription Drug Program for
2009, the Kaiser Family Foundation has released a new study that shows
many seniors just tend to stop taking their prescription drugs, when
they hit the gap, or “donut hole,” where there is no coverage. The study
of data from 2007 also shows one in four (26 percent) Part D enrollees
who filled any prescriptions in 2007 did reach the coverage gap.
Read
more...
New Help for Seniors to Find Better, Wiser Drug
Deals Online Provided by Pharmacy Benefit Managers
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Generic Statin Use Jumps 8% to 53%
After generic for Zocor was introduced, Express Scripts
combined incentives with "an advanced and aggressive
communications program" to increase the ratio of consumers
who used generic statin from 8% to 53.2%.
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Offering tools to find low-cost generic drugs, adhere
to drug regimens and increase consumer choice
Sept. 18, 2008 – The skyrocketing cost of health
care seems to be slowing a bit and an obvious contributor is lower cost
that senior citizens and others are finding for prescription drugs –
generic drugs, in particular. A driving force in this trend are pharmacy
benefit managers, which can increase their profits by helping consumers
find lower priced drugs.
Read
more...
Few of Marketing Materials Used by Private Drug
Plans Meet Medicare Guidelines
Report by HHS says Centers for Medicare & Medicaid
Services gave faulty instructions
Sept. 5, 2008 - Nearly 85% of the marketing
materials used by private prescription drug plans to reach Medicare
beneficiaries do not fully meet
CMS guidelines, according to a report released Thursday by the
HHS
Office of Inspector General,
CQ HealthBeat reports. The report found that CMS provided the drug
providers with faulty sample documents on which they were to base their
marketing materials.
Read more...
Many Older Adults Cannot Find Most Beneficial
Prescription Drug Plan on Medicare Website
Well-educated adults with computer experience had
difficulty using the Medicare.gov Website in Florida study
Aug. 20, 2008 - About three-fourths of older adults
with basic computer skills could not find the most beneficial
prescription drug plan on the Medicare Web site, and could not take the
necessary steps to enroll to receive home health care services,
according to a study published on Wednesday in the Journal of the
American Medical Association, the
South Florida Sun-Sentinel reports.
Read
more...
Average Monthly Cost of Basic Medicare Drug Plan to
Jump $3 in 2009, Says CMS
Jump to $28 per month based on trends in drug costs,
new catastrophic cost estimates
Aug.
20, 2008 - The average monthly premium that senior citizens should
expect to pay for standard Medicare Part D coverage in 2009 will be $28,
which is about $3 higher than this year but 37 percent lower than was
projected back in 2003. As the drug program enters its fourth year, the
Centers for Medicare & Medicaid Services, says this projection is based
on plan bids that reflect nationwide price trends.
Read more...
Seniors Being Hit Hard by Unexpected 16 Percent
Increase for Top Medicare Drug Plans
AARP MedicareRx Saver raised its average premiums
from $14.43 in 2007 to $26.56 in 2008, an 84% increase, according to
Avalere Health
June
5, 2008 – Gasoline prices, food prices – everything is going up. Senior
citizens, however, are being quietly hit by a gigantic surprise in the
form of a premium increase in their Medicare prescription drug plan,
despite claims by the administration in January that prices were lower
for 2008. Instead, average monthly premiums for enrollees in the 10 most
popular Medicare prescription drug plans (PDPs) increased by 16% in
2008, according to new enrollment weighted analysis of Part D data
released today by Avalere Health.
Read
more...
CMS Says New Regulations Will Better Protect Seniors
in Advantage and Drug Plans
Proposal tightens marketing rules, protects from
inappropriate cost sharing
May 8, 2008 - The Centers for Medicare & Medicaid
Services (CMS) says in a news release today that it will propose new
regulations and new requirements for Medicare Advantage (MA) health
plans and Medicare prescription drug plans. The CMS statement says the
actions will provide "enhanced protections" for senior citizens enrolled
in these plans.
Read
more...
Medicare Part D Has Helped More Seniors Take Their
Meds, But Sickest Most Likely to Skip
Many older Americans do not have a good understanding
of the complicated program
April
22, 2008 - A new study shows Medicare Part D, the prescription drug
program, is still not well understood by many senior citizens, which may
be a key reason there are still seniors skipping their medications due
to the cost, which another study finds. The percentage of seniors guilty of this "cost-related
medication nonadherence," referred to as "CRN," has decreased but not as
much as hoped among the sickest beneficiaries.
Read
more...
Medicare News
Medicare Advantage Plans to Get More Subsidy, Drug
Plans Get Higher Deductible
CMS to pay 3.6% more to MA plans, drug deductible
goes to $295 from $275 in 2009
|
Read
complete Fact Sheet below news report. |
April 9, 2008 – The subsidy paid by Medicare to
Medicare Advantage Plans will increase by 2.6% next year, despite
consistent opposition by advocacy groups and Democrats to this subsidy,
according to an a Fast Sheet published by the Centers for Medicare and
Medicaid Services on Monday. And, the drug plan providers also got a
small boost in the form of higher deductibles for prescription drug
plans next year.
Read more...
Medicare Says New Rule Supports More Generics, Less
Drug Danger, Better Communications
Rule establishes Part D e‑prescribing standards for
four types of information
April 4, 2008 – Senior citizens and others eligible
to enroll in Medicare’s prescription drug program are expected to
experience greater safety, increased use of lower-cost generic drug
equivalents, and better communication between their doctor and pharmacy
as a result of a new regulation issued yesterday, according to the
Centers for Medicare & Medicaid Services (CMS).
Read more...
Insurers Save Money with Co-Pays, Caps on Drugs But
Patients Endangered
Patients skip life-sustaining drugs, and those for
chronic conditions
By Randy Dotinga, Contributing Writer
Health Behavior News Service
Feb. 13, 2008 - A new review of existing research
suggests that co-pays and caps on drug expenditures could keep crucial
medications out of the hands of those who need them.
Read
more...
Medicare Says Projected Cost of Part D Drug Program
Continues to Drop
Survey finds 85% were aware of open enrollment
period, over 66% reviewed their current plan for cost and coverage
changes
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25.4 million
in Part D |
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Overall, about 90 percent of the nation’s
44 million Medicare beneficiaries have drug coverage from
Medicare or another source.
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Jan. 31, 2008 – Medicare today issued another news
release touting the drop in the cost of the prescription drug program
from what it had earlier projected. The release said the “projected cost
of providing Medicare beneficiaries with a prescription drug benefit
through private health plans has come down again,” and cited the
administration’s FY 2009 budget, which will be released next week, as
the source.
Read
more...
What to Do When You Realize Your Medicare Drug or
Health Plan Does Not Meet Your Need
Information on drug and health plans provided by Medicare
Rights Center – see links below article
Jan.
4, 2008 – Sometimes, after you picked the Medicare private health or
drug plan that you thought best suited your needs, you discover in the
New Year that the plan you chose doesn’t work for you at all. Perhaps
you’ll find that your doctor or specialist isn’t part of the plan’s
network. Maybe you’ll discover that there are large copays for a
hospital stay or diagnostic procedures. Or maybe when you go to the
pharmacy, you’ll find out that your drug plan doesn’t cover your
medications. Read
more...
Medicare Expects Transition to New Drug Plans to Go
Smoothly for Senior Citizens
Medicare Advantage enrollment open until March 31,
2008
Jan. 4, 2008 - Senior Citizens who have chosen to
change their health and drug coverage for 2008 should experience very
few difficulties when getting their covered prescription drugs through
Medicare Part D, the Centers for Medicare & Medicaid Services has
announced. The CMS has taken multiple steps to ensure that pharmacies
can obtain accurate enrollment information in 2008, particularly for
low-income beneficiaries.
Read
more...
Senior Citizens Smarter About
Medicare Plans in
Closing Days of Open Enrollment
Largest marketer of Medicare drug programs says
their new tools help
Dec. 28, 2007 – In the closing days of Medicare's
open enrollment period, when senior citizens can make changes to their
health plans, the largest provider of Part D prescription drug plans is
finding seniors much more knowledgeable about the program. The deadline
for changes is December 31.
Read
more...
Make Your Medicare Program Changes Now for Big
Savings in 2008
Deadline is Dec. 31 for making changes in Medicare
drug program
Dec. 27, 2007 – Lack of action by some senior
citizens in the next very few days could prove extremely costly. Senior
citizens have through the last day of this year to change their Medicare
health coverage. For example, there may be prescription drug plans
available that can provide larger savings, because your needs have
changed or the plans in your area have changed. In fact, the plan you
have today may be much different next year.
Read
more...
New Online Tool Claims One-Click Comparison of
Medicare Drug Plans
Broker sponsored site says tool compares plan
quality ratings, popularity, features
Dec. 10, 2007 - There is a new tool online at
Medicare-PartD.com, which offers a “unique one-click comparison” of the
2008 Part D prescription drug plans. The site sponsored by National
Insurance Markets, an insurance broker, calls the new tool “PDP-Compare.”
Read
more...
Two Million Dual Eligibles Being Moved to New
Medicare Drug Plans
Avalere Health analysis of large dual eligible
population in Texas
Dec. 5, 2007 - Over 2 million dual eligibles
(eligible for Medicaid and Medicare) must
switch Medicare Part D plans for 2008 because many plans with robust
dual eligible enrollment in 2007 submitted premium bids that exceed
certain states’ low-income subsidy benchmarks for 2008, according to Avalere Health, which analyzed the situation in Texas and found many of
the state’s lowest income residents will find themselves randomly
re-assigned into less generous Medicare Part D plans.
Read
more...
Senior Citizens Not Reviewing Medicare Drug Plans May
Get Shock in 2008
Medicare has cut 1,500 drugs from last year’s list
eligible for formularies
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"Changes are occurring at all levels of the
Medicare drug benefit – from significant movements in monthly premiums,
to the composition and copayment structure of formularies."
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Dec. 5, 2007 – The evidence continues to be exposed
showing senior citizens are facing major changes in the Medicare drug
plans for 2008, including news that the largest stand-alone plans will
reduce the drugs they cover by the hundreds. A major reason, says
consulting company Avalere Health, is that the Centers for Medicare &
Medicaid Services decided to drop more than 1,500 drug codes from last
year’s list of formulary-approvable drugs, including some that lack FDA
approval.
Read more...
Senior Citizens Seeking New Medicare Drug Plan
Finding Fewer Drugs Covered
Size of the formulary is becoming more aligned with
utilization patterns, consumer preferences, health outcomes and value
for consumers, says Humana
Dec. 4, 2007 – While shopping around for a new
Medicare drug plan, many senior citizens may be getting a shock to find
many drugs no longer covered. A new analysis finds a gigantic drop in
the number of drugs covered in 2008. What is called the “Open
Enrollment” period, a time when seniors can change drug plans, opened on
Nov. 15 and closes on Dec. 31. Seniors are advised to also check their
existing plan to see if drugs they need have been dropped.
Read
more...
Drug Costs Threaten to Crack Retirement Nest Eggs,
Tarnish Golden Years
One in three retirees say medical, drug costs far
outpace expectations, takes 10% of income for 25% - Medco offers free
help
Nov. 27, 2007 - Medical and drug expenses threaten
to shatter the retirement nest egg – scrambling even the best-laid
financial plans – according to a new nationwide survey of retirees, many
of whom concede that their under-estimation of the impact of escalating
health care costs has significantly compromised their lifestyle in the
“golden years.”
Read more...
Suit Filed to Lift Medicare Ban on Off-Label but
‘Necessary Drugs’
Medicare Rights Center says many with Medicare
better off before the drug benefit
Nov. 26, 2007 - The Medicare Rights Center filed
suit in federal district court today, asking a judge to declare unlawful
the Bush Administration’s refusal to allow Medicare coverage of a broad
range of medically necessary “off-label” drugs - those not approved by
the Food and Drug Administration for the specific use prescribed.
Read more...
New York Times Examines Medicare Drug Benefit's
Doughnut Hole Coverage Gap
Some see a positive in the doughnut hole because it
steers senior citizens to lower-cost generic drugs
Nov. 26, 2007 - The New York Times on Saturday
published two articles examining the so-called "doughnut hole" coverage
gap of the Medicare prescription drug benefit. In 2008, the coverage gap
will take effect when beneficiaries' total drug costs reach $2,510.
Beneficiaries then will be responsible for paying 100% of drug costs
until total costs reach $5,726, when catastrophic coverage kicks in.
Summaries of the articles appear below.
Read
more...
Medicare Launches Online Tools to Better Compare
Prescription Drug Plans
Website also includes tool that addresses the
"doughnut hole" coverage gap
Nov. 15, 2007 - The open enrollment period for the
Medicare prescription drug benefit began on Thursday, and
CMS has established a new online tool to help with the comparison of
plans, the Wall Street Journal reports.
Read
more...
New Ratings of Medicare Advantage Plans Kicks Off
Enrollment Period for Drug Program
Campaign also features outreach to low-income
subsidy, more tools
Nov. 15, 2007 – The official kick-off of Medicare’s
Open Enrollment Period – the annual time for senior citizens to make
enrollment changes in their health and prescription drug coverage for
2008 - was officially announced today by Health and Human Services as the
window opens for 45 days. Starting today, too,
www.medicare.gov will provide beneficiaries with the five-star
ratings of the quality and performance of plans that offer Part C and
Part D services.
Read
more...
There are No Bargains in Part D Prescription Drug
Plans: Center for Medicare Advocacy
CMA takes a detailed look at the drug program as open
enrollment begins Nov. 15
Nov. 14, 2007 – The Centers for Medicare & Medicaid
Services (CMS) declared victory for Medicare Part D, in an August press
release, claiming that the average premium of $25 was nearly forty
percent (40%) lower than had been predicted when the drug benefit was
first enacted into law. The CMS Press Release, while accurate, does not
tell the entire story. In 2008 most beneficiaries will be paying
substantially more for their drug coverage, and many will be getting
less coverage, according to the Center for Medicare Advocacy.
Read more...
Senior Citizens Urged to Review Medicare Drug Plan Options as Window for
Change Opens Thursday
Medicare Rights Center offering free tools, advice to
help seniors make choices
Nov. 14, 2007 – The window opens tomorrow –
Thursday, Nov. 15 – for senior citizens to make changes in their
Medicare programs. The most vital change, for many, may be their drug
coverage in Medicare Part D. Anyone who gets drug coverage through a
Medicare private drug plan should review all of their drug plan choices
for 2008 - even if they are satisfied with their current plan - because
most drug plans will change their costs and benefits, according to the
Medicare Rights Center.
Read
more...
Senior Citizens Get More Encouragement to Reconsider
Medicare Drug Options
Time to make changes in Medicare begins Thursday,
open until end of year
Nov. 13, 2007 – If you are reading this at
SeniorJournal.com, you are most likely a senior citizen or someone
carrying for an older adult. This means you should be getting your focus
on the Medicare open enrollment period that opens Thursday. Increasingly
senior advocates and the media are finding significant changes,
particularly in many drug plans, and urging all seniors to look closely
at what they have now and what alternatives are available.
KaiserNetwork.org notes such a report from the Wall Street Journal, and
highlights a "must-read" special section on the drug benefits in the
Miami Herald.
Read
more...
Medicare's Open Enrollment Period Opens Thursday
with More Confusion Than Ever
Nov. 12, 2007 – With the Medicare open enrollment
period arriving on Thursday, more senior citizens and media reporters
are looking at the drug plans available for 2008 and finding there may
be more confusion that ever. A report in KaiserNetwork.org says
three-fourths of senior citizens in stand-alone plays may see premium
increases, while some plans are reducing fees. There is growing concern, too, about the difference in
quality in Medicare Advantage plans and the swing to private
fee-for-service plans. Most consumer advocates are advising senior
citizens to take a close look at changes in their plan for 2008 and what else is
available.
Read
more...
Medicare Part D Enrollment Season Offers Seniors
Higher Costs, Confusion
Families USA analysis says no ‘Doughnut Hole’
protection available
Nov. 9, 2007 – A review of Medicare Part D
prescription drug plans for 2008 reveals a startling fact, according to
Families USA. It is now impossible for beneficiaries to purchase
comprehensive protection for the “doughnut hole,” the yawning gap in
Part D coverage where Medicare offers no assistance in paying for
prescription drugs.
Read
more...
Drug Activity Slows Across U.S.-Canadian Border and
at the FDA
Drug imports down 50%, FDA drug approvals down 18%
Nov. 5, 2007 – Once a hot issue, in particular for
senior citizens, drug purchases by U.S. consumers from Canadian
pharmacies dropped by about half in 2006 and the Medicare drug program
is one obvious reason. Additionally, according to the daily Health
Report by KaiserNework.org, the FDA is expected to approve only 18 new
drugs in all of 2007. That’s a drop from 22 last year.
Read
more...
Medicare Part D Pushed Drug Prescriptions Up 158
Million, Gov Cost by $32 Billion
Oldest, poorest spending a much greater share of
their own income on premiums and health services than others
Nov. 1, 2007 – The Medicare drug program (Part D)
boosted the business of drug makers and pharmacists by 158 million
prescriptions in 2006 and Medicare paid the bill of $32 billion, but a
new study says the drug use and cost decrease to senior citizens was
"relatively minor."
Read more...
Medicare Consumer Groups, Legislators Call for
Medicare-Operated Drug Plan
Advocates release report citing cost, instability,
coverage gaps, fraud in Part D
Oct. 25, 2007 – Citing excessive costs, gaps in
coverage, instability and fraud in a new report, two consumer groups
this week called on Congress to give senior citizens and others covered
by Medicare the option of a drug program through the Original Medicare
program. Consumers Union and the Medicare Rights Center say this would
eliminate the consumer exploitation that plagues the drug program run by
private insurance companies.
Read
more...
Medicare Drug Plan Choices for 2008 Available Online
October 11
Medicare says it has enhanced tools to help make
better drug plan choices
Oct. 10, 2007 - The Centers for Medicare & Medicaid
Services (CMS) today announced that tomorrow senior citizens and other
beneficiaries, as well as their caregivers, and family members, can
begin to review 2008 Medicare prescription drug plan and health plan
information online through the Medicare Prescription Drug Plan Finder.
Read more...
Medicare Part D Plans Owe Government $4 Billion from
First Year Experience
Drug costs lower that companies anticipated; more
generic drug use by senior citizens
Oct. 5, 2007 – Insurance companies that sponsored
Medicare Part D drug plans in the first year of the program, 2006, owe
$4 billion to the Centers for Medicare & Medicaid Services due to
lower-than-expected drug costs for that year. Actual drug costs for
almost all Part D plans were below expected levels in their 2006 bids,
said the CMS announcement today.
Read more...
New FDA Program Aims at Making More Low-Cost Generic
Drugs Available
Faster approval, more options for consumers, health
professionals
Oct. 5, 2007 - The U.S. Food and Drug
Administration yesterday outlined a program aimed at increasing the
number and variety of generic drug products available to consumers and
health care providers. Generic drugs generally cost less than their
brand-name counterparts and competition among generics has been a key
factor in lowering drug prices, which can be critically important to
senior citizens burdened with drug costs.
Read more
& Link to video...
Senior Citizens Should Check Which Medicare Drug
Plans Hike Prices After You Enroll
Seniors can’t rely on drug prices companies list at
beginning of year: Consumers Union wants changes
Oct. 2, 2007 – With Medicare’s open enrollment
period opening on Nov. 15, senior citizens reconsidering their Medicare
drug program choice should consider which companies tend to raise the
prices on drugs after you enroll. Consumers Union’s latest sampling of
Medicare prescription drug plans for 2007 again finds that most insurers
hike the cost of their drugs during the year – in one extreme case by 28
percent.
Read
more...
Nine of Ten Senior Citizens Can Choose Lower Cost
Medicare Drug Plan in 2008
Enrollment change period opens Nov. 15, ends Dec. 31
with chance to lower drug plan cost
Oct.
1, 2007 – When the open enrollment period opens for Medicare on Nov. 15,
over 90 percent of senior citizens with stand-alone Part D prescription
drug plans (PDP) will be able to choose at least one plan for 2008 with
monthly premiums lower than they are paying now.
Read more...
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One month ago, the antifungal Lamisil had an
average price of $337.26. The generic equivalent, terbinafine, is now
available through Wal-Mart for just $4 for a commonly dispensed
quantity up to a 30-day supply, saving customers $333.26 per
prescription. |
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Wal-Mart Adds 11 Generic Drugs to Discounted
Prescription Drug Program
Just in time as senior citizens fall into Medicare's
doughnut hole
Sept. 28, 2007 -
Just at a time when many senior citizens are falling into the Medicare
drug program's doughnut hole, where their prescriptions are not covered,
Wal-Mart Stores has announced new additions to its list of generic drugs
that are available for just $4. There are now 361 drugs available in the
program.
Read
more...
Senior Citizens May Stop Taking Critical Medicine
When They Hit Doughnut Hole
Study finds they may not restart when the drug
coverage resumes
Sept. 11, 2007 - Many senior citizens may just stop
taking important drugs for chronic illnesses, such as diabetes and high
blood pressure, when they fall into the Medicare drug programs “doughnut
hole” or reach spending limits in other drug plans. What is additionally
disturbing is that many may not restart these life-saving drugs when
their plan coverage restarts.
Read more...
Medicare Drug Program Beats Nothing, but Not As Good
as VA, Employer Plans
Large survey finds more seniors covered but some
vulnerable to high costs
Aug. 21, 2007 – Senior citizens enrolled in
Medicare Part D – the drug program – fared better than seniors without
drug coverage, but not as well as those who relied on other coverage,
such as the Department of Veterans Affairs or employer-sponsored
coverage, according to a study released today.
Read more...
Medicare Part D Premium for 2008 Shows Modest
Increase to $25 for Drug Plans
Price held down by strong competitive bidding by drug
plans and beneficiaries’ choices, says CMS
Aug.
14, 2007 – The monthly premium senior citizens will pay in 2008 for
Medicare Part D – the prescription drug program - will be approximately
$25, according to a news release from the Centers for Medicare &
Medicaid Services that was released yesterday. The releases points out
this is “nearly 40 percent lower than originally projected” in 2003,
when the program was presented, and lower than CMS projected earlier
this year. But, it is an increase over this year, which CMS says is “due
primarily to technical adjustments." Editor's Note:
See complete Fact Sheet on price increase from CMS below this news
report.
Read more...
Florida’s Publix Markets Will No Long Match
Wal-Mart’s $4 Generic Drug Price
Will offer seven generic antibiotics at no cost,
which some think risky
Aug. 9, 2007 - Florida-based
Publix Super
Markets on Wednesday announced it no longer will match a
program
by Wal-Mart that offers 30-day supplies of 143 generic drugs for $4 per
prescription, the
St. Petersburg Times reports. Publix said it now will
focus on its antibiotics program (Bora,
St. Petersburg
Times, 8/9).
Read
more...
Medicare Drug Program Now Covers 90 Percent of
Senior Citizens
U. Michigan study says the poor as likely as the
rich to be covered
Aug. 9, 2007 - A report to be presented today will
show that more than 90 percent of America’s senior citizens now have
Medicare prescription drug coverage, up from just 75 percent in 2004.
And, according to the University of Michigan analysis, poor seniors are
as likely to have coverage as the rich.
Read more...
Best Bet to Find Drug Covered by Medicare Part D
Formulary is Go Generic
Study finds 90% of generics widely covered, just 6%
of brand-name
June 19, 2007 – Millions of senior citizens have
taken a prescription from their doctor to the pharmacy, only to find the
drug is not covered by their Medicare Part D plan’s formulary. A new
study suggests the best bet for seniors is to ask their physician to
prescribe a generic - generic drugs were covered by 90 percent of
formularies studied.
Read more...
Medicare Payment Delays Driving Pharmacies Out of
Business, They Say
Average 3 store closures per day in 2006, first
year of drug program
June
14, 2007 – Senior citizens may be getting their drugs cheaper through
Medicare Part D, but they may soon have problems finding a place to get
their prescriptions filled. In 2006, on average, more than three
community pharmacies closed everyday, as a result of slow reimbursement
by Medicare during the first year of the prescription drug program,
according to the National Community Pharmacists Association.
Read
more...
Out-of-Pocket Drug Cost for Average Senior More Than
Doubled from '97 to '04
Drug spending jumped from $72 to $191 billion for all
Americans not in confined care
May 18, 2007 – The cost of prescription drugs for
the average senior citizen, not living in a care facility, increased 130
percent between 1997 and 2004 – growing from $819 to $1,914 in 2004. The
average out-of-pocket costs for drugs climbed even faster – it more than
doubled from $483 to $1,027. For all non-institutionalized Americans,
spending on medications prescribed to outpatients jumped from $72
billion in 1997 to $191 billion in 2004.
Read
more...
Medicare Wastes Millions Assigning Low-Income
Seniors to Costly Drug Plans
Consumer Unions says Medicare should seek ‘Best
Value’ for 6 million seniors
May
17, 2007 - Medicare’s practice of randomly assigning low-income
beneficiaries to prescription drug insurance plans is wasting millions
in taxpayer dollars because seniors and those with disabilities are
being placed in expensive plans when lower-cost, comparable plans are
available, Consumers Union says.
Read
more..links to Congressional hearing testimony, Webcast....
Senior Citizen Health & Medicine
Diabetes Drug Spending May Surge 70% by 2010, Cancer
Now Drives Specialty Drugs
Medco finds generics, Medicare Part D
keeping increases down
May 17, 2007 – The amount of money Americans spend
on treating diabetes could jump by 70 percent by the end of 2009, due to
the aging population, obesity and more aggressive treatment. Diabetes
treatment, however, does not come close to cancer drug costs, which is
now the driving force in specialty drug spending increases. The good
news is more generics and the Medicare drug program are holding down
some costs. Read
more...
Medicare Plan Prices of 10 Top Brand-Name Drugs
Increased 6.8% Just Since December
Possible $17 billion in unanticipated prescription
drugs costs for beneficiaries and taxpayers
May 14, 2007 - Prices under Medicare prescription
drug plans for 10 of the most prescribed brand-name medications have
increased 6.8% since December 2006, while wholesale prices for the same
drugs have increased 3%, according to a
House Oversight and Government
Reform Committee report, the
Washington Post reports. Previously, Medicare
actuaries had projected that drug prices would increase by 7% over the
entire year.
Read more...
Medicare Attacked for Not Telling Dual Eligibles
About Drug Reimbursement
One of several problems that complicated enrollment
of up to seven million dual eligibles
May 8, 2007 – Since the beginning of the Medicare
drug program the "dual eligibles" have been of concern to Medicare
advocacy groups, concerned that these senior citizens once provided
drugs through Medicaid, would be lost in the transition to the new
Medicare program. Now, a report by the Government Accountability Office
says this concern was justified – 400,000 appear to have lost their
coverage on some purchases.
Read
more...
Senior Citizen Politics
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The battle is raging over changes in Medicare - Follow the action in
Senior Politics |
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Bill to Negotiate for Better Medicare Drug Prices
Passed by Finance Committee
Amended S. 3 expected to go to full Senate next
week
April 13, 2007 – The Senate Finance Committee last
night approved a final version of a bill that will allow, but not
mandate, the Secretary of Health and Human Services to negotiate for
lower drug prices in the Medicare prescription drug program.
Read more...
Wisconsin's Low-Income Drug Program Being Closed by
Medicare
Hasn't proven SeniorCare reduces costs for
federal government
April 11, 2007- SeniorCare, a program by the State
of Wisconsin, that offered lower income senior citizens a much less
costly drug program than Medicare Part D, is being shut down by the
Centers for Medicare & Medicaid Services, according to a report by
KaiserNetwork.org. CMS says it does not meet the requirement for saving
federal money, but state officials disagree and say it is more efficient that
Part D. Read
more...
AARP Starts Media Campaign Urging Lawmakers to Allow
Negotiations for Medicare Drugs
New bill also introduced to do away with late enrollment
penalty
March 26, 2007 – AARP, a giant broker of insurance
to senior citizens and other adults, was a strong supporter of the
original Medicare drug program but has now decided it needs a major
change. AARP is launching a media campaign aimed at getting lawmakers to
allow Medicare to negotiate drug prices with the pharmaceutical
companies, according to a report today by KaiserNetwork.org.
Read
more...
Fight Between Drug Plan Providers Investigated by
Medicare: Shows Why Seniors Get Frustrated
Senate committee debates safety of prescription drug
reimportation
March 9, 2007 – A battle between two insurance
companies providing Medicare drug plans is being investigated by the
Centers for Medicare and Medicaid Services and serves as an example of
why many senior citizens are frustrated by the program. This year Humana
changed its Humana PDP Complete plan by discontinuing coverage of brand
name drugs for seniors in the doughnut hole. It also increased the
monthly premium to $80 per month. Now, another provider, Sierra Health
Services, says Humana has been urging their most costly customers to
switch to SierraRx Plus. This plan is new and does offer coverage in the
doughnut hole. Now, Sierra says it will close that plan at the end of
the year, according to KaiserNetwork.org yesterday.
Read
more...
Medicare Drug Benefit 'Financially Irresponsible'
says U.S. Comptroller
Boomers retiring en masse will create a 'tsunami of
spending'
March 7, 2007 - The Medicare prescription drug
benefit is "financially irresponsible," U.S. Comptroller General David
Walker, head of the
Government Accountability Office,
said in a segment on CBS' "60 Minutes" this weekend,
Reuters
reports.
Read more...
Senior Citizen Health & Medicine
Senior Citizens on a Rollercoaster with Medicare
Drug Plan Pricing
Consumer Union finds over a quarter of sample
increased drug cost after seniors were 'locked in'
March
2, 2007 - A new report from Consumers Union - Seniors in Medicare
Part D on Cost Rollercoaster - finds that it may be difficult – if
not impossible – for Medicare beneficiaries to have confidence that
their private Part D insurance plan will not change or increase
prescription drug costs for the year they are locked into the plan.
Read
more...
Medicare Drug Program Helps to Slow Growth in Health
Care Spending Again
Still, this year's $2.1 trillion spent by Americans
will double in 10 years
Feb. 21, 2007 – The ability of senior citizens to
buy drugs for less through Medicare Part D, slower growth in Medicaid,
and slower growth in private health care spending will be the driving
forces in a slight dip in the rate of growth for health care spending in
the U.S. this year – the fourth consecutive year of slower growth. The
6.9 percent growth in 2005, will edge down to 6.8 percent in 2006,
according to a report by Health Affairs. Still, however, the money
American's spend for health care is expected to double in the next ten
years. Read more...
GlaxoSmithKline Offers New Online Tools to Help
Senior Citizens Get Free Medicine
Website, toll-free help line up for new GSK
Access, program for low income Medicare Part D patients
Feb. 13, 2007 – Low-income and disabled senior
citizens that need help with purchasing drugs in the Medicare drug
program can now enroll with GSK Access online or call a toll-free help
line. GlaxoSmithKline says enrollment online is open today at
www.gsk-access.com. The program offers prescription medicines for
free to eligible Part D-enrolled patients.
Read
more...
Rep. Waxman Investigates Profits of Medicare
Prescription Drug Plans
Wants to know if plans pass negotiated savings on
to beneficiaries
Feb.
12, 2007 - The
House Oversight
and Government Reform Committee on Friday held a hearing
about how private insurance plans and pharmacy benefit managers
negotiate prices with drug manufacturers for government prescription
drug programs and whether these discounts get passed on to consumers,
CQ HealthBeat
reports.
Read more...
Generic Drugs Growing More Popular in Medicare Drug
Program
CMS says nearly 60% of drugs being dispensed are
generic
Feb. 8, 2007 – Nearly 60 percent of the drugs being
sold in the Medicare
Prescription Drug Plans and the Medicare Advantage
plans are generic drugs, according to new data released by the Centers
for Medicare & Medicaid Services.
Read
more...
Medicare Drug Program Enrollment Hits 39 Million,
Still Open for Advantage Plans
Only 6% reported switching plans during the open
enrollment period
January 31, 2007 – There are now 39 million
Americans enrolled in the Medicare prescription drug program, which is
an increase of 1.4 million since June of 2006, according to an
announcement yesterday by Mike Leavitt, Secretary of Health & Human
Services. Most, but not all, are senior citizens.
Read more...
Senior Citizen Politics
Negotiating Medicare Drug Prices Hits Obstacles: CBO
Sees No Savings, GOP Senators to Filibuster
Most news is bad news for
proponents of bargaining for drugs
January 11, 2007 – With debate beginning today and
a vote expected tomorrow on the Democratic proposal (HR 4) to have the
Secretary of Health & Human services negotiate with pharmaceutical
companies for better prices on drugs marketed through the Medicare drug
program, a splash of cold water on the idea came in a letter from the
Congressional Budget Office saying the drug prices would not be lowered
by the legislation. Basically, Acting CBO Director Donald B. Marron said
he doubted the government could do a better job that the prescription
drug plans. (See CBO letter below news report.)
Read
more...
Medicare Drug Program News
Where Senior Citizens Live Makes Difference in
Medicare Drug Cost
Some seniors may pay thousands of dollars more for
medicines than others buying same drugs in other states
January 10, 2007 – Adding more confusion to the
Medicare prescription drug program (Medicare Part D) is a new study that
claims to find tremendous variation in what Medicare enrollees in
different states pay for the same medications, even with the lowest-cost
Part D plans.
Read more...
Administration Says Medicare Drug Program Cost Drop
Shows No Need to Negotiate on Drugs
Most antifraud complain reports by prescription drug
plans are missing at CMS
January 8, 2007 – Immediately after the Bush
Administration announced revised estimates that lower the expected cost
of the Medicare drug benefit, Health & Human Services Secretary Mike
Leavitt says it proves there is no need for negotiated drug prices. The
Medicare daily report by KaiserNetwork.org also finds problems with the
Centers for Medicare & Medicaid Services missing antifraud "compliance
plans" from Medicare prescription drug plans. (The complete news release
from HHS is below news report.)
Read more...
Critics Take Stage as Dems Push Bill Forcing
Medicare to Bargain on Drug Prices
Pelosi spokesman says savings should start
to close donut hole
January 8, 2006 – As Congress prepares to take
action this week on the Democrats’ proposal to require Medicare to
negotiate for lower prices from the drug companies (HR 4), a survey of
news reports by KaiserNetwork.org finds doubters and critics grabbing
the spotlight. Two items being most discussed are a portion of the bill
that prohibits Medicare from using a preferred list of drugs and
suggestions that the donut hole can be eliminated with savings from
lower drug prices.
Read
more...
Senior Citizen Politics
Democrats Will 'Mandate' Negotiations for Medicare
Prescription Drugs: Pelosi
Bill one of six to be
passed in first 100 days of new Congress
December
15, 2006 - Incoming House Speaker Nancy Pelosi (D-Calif.) on Thursday at
a briefing outlined priorities for Democrats in the first 100 hours of
the 110th Congress and said they will seek to pass legislation that
would require
HHS to
negotiate directly with pharmaceutical companies on the prices of
medications under the Medicare prescription drug benefit,
CQ HealthBeat
reports. Read
more...
Medicare Drug Program News
Large Majority of Americans Want Medicare to
Negotiate Better Drug Prices
Democrats have pledged congressional action to
allow it
December 11, 2006 – An overwhelming majority of
Americans – Democrats, independents and Republicans - support
Congressional action that will allow Medicare to negotiate with
pharmaceutical companies for lower drug prices for senior citizens,
according to a new poll released by the Kaiser Family Foundation. It is
a pledge Democrats made in the recent congressional
elections.
Read more...
Concern Grows that Low-Income Senior May Have
Problems with Medicare Drugs
VA denies HHS claim
that vets prefer Medicare drug program
December 5, 2006 – Concern that low-income senior
citizens will have trouble getting their medications next month, as they
did in January of this year, is being voiced by pharmacists and advocacy
groups, according to today's KaiserNetwork.org's daily report. It also
reports that the Department of Veteran Affairs denies reports by Health &
Human Services that veterans are leaving its program to sign up for drug
coverage through Medicare.
Read more...
Finding Coverage for Donut Hole is More Restricted,
Expensive for 2007
But CMS says drug program
is costing less than
expected this year
November 29, 2006 – The biggest problem with the
Medicare drug program has been the lack of coverage – with no lack of
premium – for senior citizens when they fall into the "donut hole." This
is when beneficiaries are responsible for 100% of prescription drug
costs between $2,250 and $5,100, and still must pay monthly premiums. KaiserNet.org reports that to find plans that offer coverage in the
"donut hole" at a reasonable cost will be even harder in 2007.
Read more...
CMS Urged to Act Now to Avoid Chaos at the Pharmacy
for Low-Income Seniors
Medicare Rights Center wants to avoid medication
treatment interruption
November 28, 2006 - About 288,000 low-income older
and disabled Americans will be reassigned to new Medicare private drug
plans beginning January 1, 2007, because their current drug plan’s
premium is too high to qualify for full “Extra Help,” the federal
subsidy which helps low-income people pay for Medicare drug coverage,
according to the Medicare Rights Center. MRC is calling on the Centers
for Medicare & Medicaid Services to act now to "avert a crisis" for
these and other low-income beneficiaries facing steep increases and
abrupt changes in drug coverage in the new year.