Medicare Prescription Drug Plan

The Fiscal Cliff May Trigger Medicare Cuts

Sunday, December 30th, 2012

The fiscal cliff is looming ahead, but the Congress and White House are still locked in a stalemate over striking a deal to solve the problem. As a result, doctors and medical professionals are bracing for a 28.5 percent Medicare payment cut that will automatically take effect on January 1, 2013. This includes a 26.5 […]

Medicare Drug Spending Per Patient Varies Widely Nationwide.

Thursday, June 10th, 2010

Bloomberg News (6/10, Armstrong) reports that Medicare “spends more per patient on medicine in New York City, in Anchorage, Alaska, and in Great Falls, Montana, than anywhere else,” according to a study in the New England Journal of Medicine. The researchers found that Medicare “pays 60 percent more on each beneficiary for prescription drugs in […]

Seniors In Medicare Drug Plans’ Coverage Gap See Dramatic Price Increases.

Thursday, March 18th, 2010

Kaiser Health News (3/16, Marcy) reports, “Seniors who hit the coverage gap in their Medicare prescription drug plans and must use their own money to buy drugs are facing price increases that are far outpacing inflation,” according to a study by the Kaiser Family Foundation, which found that prices “increased 5 percent or more since […]

ONE IN SEVEN SENIORS FACES SOCIAL SECURITY CHECK CUTS IN 2010

Saturday, June 27th, 2009

Close to seven million seniors — one in every seven — will receive a smaller Social Security check next year, according to a new analysis by The Senior Citizens League (TSCL). Millions of other seniors who do not have their Medicare premiums automatically deducted from their checks will also have fewer Social Security dollars leftover […]

Filling in the Medicare doughnut hole is a sticky issue

Tuesday, June 9th, 2009

AARP and other advocates for older adults are calling on Congress to get rid of the “doughnut hole” in Medicare’s drug benefit as part of the lawmakers’ broader efforts to reform health care. Though most seniors say they’re pleased with the drug benefit, the one aspect they love to hate is the gap in coverage […]