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Latest Medicare Prescription Drug, Improvement, and Modernization Act Stories

2011-08-20 00:00:31

Annual changes to Medicare Part D plans mean seniors should be vigilant to ensure that they continue to receive high-quality coverage from a stable and reliable source Madison, Wisconsin (PRWEB) August 19, 2011 In 2010, only 1 in 5 Medicare beneficiaries over the age of 65 planned to review their Medicare coverage options for 2011.(1) Why is this statistic troubling? Because Medicare health plans change every year. Benefits can change, costs can change, entire plans can disappear"”and...

2011-08-17 12:13:59

The lack of financial assistance to cover the cost of drugs to Medicare beneficiaries (the US government's health insurance program for people aged 65 or over, which currently covers 50 million US citizens) could result in an additional 18,000 patients discontinuing one or more prescriptions for essential drugs a year"”a 100% increase"”and others to not take their required medications regularly. These findings, from a study led by Jennifer Polinski from the Brigham and Women's...

2011-08-16 16:00:00

WOONSOCKET, R.I., Aug. 16, 2011 /PRNewswire/ -- Medicare Part D beneficiaries who enter the "donut hole," where they have to pay 100 percent of previously subsidized prescription costs, are twice as likely to discontinue their medications as they are to switch to more affordable or generic medications, a new study published today in PLoS Medicine concludes. (Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO ) The study conducted by researchers from Harvard University, Brigham...

2011-08-04 14:26:00

'A Rare Federal Program That Comes in Under Budget Each Year' WASHINGTON, Aug. 4, 2011 /PRNewswire-USNewswire/ -- According to new data released by the Centers for Medicare & Medicaid Services (CMS), the 2012 average Medicare Part D prescription drug plan premium is roughly $30, a figure far lower than the $41 figure that was originally estimated in 2003. The premium figure confirms the success of Medicare Part D plans in delivering savings, said the Pharmaceutical Care Management...

2011-08-01 16:47:00

WASHINGTON, Aug. 1, 2011 /PRNewswire-USNewswire/ -- Pharmaceutical Care Management Association (PCMA) President and CEO Mark Merritt released the following statement today on a new Government Accountability Office (GAO) report, "Medicare Part D Formularies: CMS Conducts Oversight of Mid-Year Changes; Most Mid-Year Changes Were Enhancements": "While experts agree that pharmacy benefit managers (PBMs) help Part D come in under budget each year, GAO's new report provides fresh evidence that...

2011-07-30 00:01:04

MedicareColorado.com now offers simple, instant Medicare insurance quotes on their website without asking for personal information. Denver, CO (PRWEB) July 29, 2011 Medicare beneficiaries seeking insurance plans and rates online in Colorado are in luck. MedicareColorado.com now offers a Medicare quoting tool to help seniors easily compare insurance plans and rates. The Medicare quick quotes tool can be found at the Medicare Colorado website and does not require personal information or the...

2011-07-13 14:55:00

WASHINGTON, July 13, 2011 /PRNewswire-USNewswire/ -- The Inspector General's Office (OIG) of the U.S. Department of Health and Human Services issued a report last week concluding that 61 percent of power wheelchairs provided to Medicare beneficiaries in the first half of 2007 "were medically unnecessary or had claims that lacked sufficient documentation to determine medical necessity." But their report clearly indicated that medical necessity was actually only questioned on nine percent...

2011-05-30 10:05:00

NEW YORK, May 30, 2011 /PRNewswire-USNewswire/ -- As the average cost of MS in the United States is nearly $70,000 a year, with the overall annual economic cost of MS being an estimated $28 billion, people living with MS face high out-of-pocket costs even when covered by health insurance. The high out-of-pocket costs for medical care and treatment create not only a financial burden but also discourage people from starting and staying on therapy, which right now is the best approach...

2011-05-23 16:48:00

WASHINGTON, May 23, 2011 /PRNewswire-USNewswire/ -- New legislation introduced today by Senator Lisa Murkowski (R-AK), the Medicare Patient Empowerment Act (S. 1042), will provide Medicare patients with greater choice, allowing them to see the physicians they want and need to see. (Logo: http://photos.prnewswire.com/prnh/20081209/AMALOGO) "The Medicare Patient Empowerment Act helps fulfill the promise of Medicare for seniors in Alaska and across the country by creating a new payment...

2011-05-19 15:10:00

AUSTIN, Texas, May 19, 2011 /PRNewswire/ -- The following is a statement released by Brandon Todd, CEO of Medigap360.com. There's a battle brewing in Washington over Medicare and no matter which side of the aisle wins the current debate, long term changes are all but inevitable. Unfortunately, this uncertainty is causing confusion and even fear in America's senior citizens. Over the past 27 years, my company has assisted hundreds of thousands of seniors through the Medicare maze and, in...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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