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Last updated on April 19, 2014 at 1:20 EDT

Latest Out-of-pocket expenses Stories

2014-03-26 08:30:03

Enrollees Could Save Almost 20% over Original Medicare and 45% Over Medigap SUNNYVALE, Calif., March 26, 2014 /PRNewswire-USNewswire/ --Americans are turning 65 at a pace of 10,000 per day and they face a confusing array of insurance decisions regarding Medicare. To help this age group understand their insurance choices, HealthPocket evaluated the expenses associated with their three main coverage options: -- Original Medicare with a Medicare drug plan -- Medigap Plan F with...

2014-03-05 23:26:16

Employers adjust to health care reform legislation through prescription plan design that shifts more cost to employees. Indianapolis, Indiana (PRWEB) March 05, 2014 The number of employers offering four-tier drug plans increased 11.5% from 2012 to 2013, with 27.9% of employers now using this pharmacy plan design element, according to new data just released from the United Benefit Advisors’ (UBA) 2013 Health Plan Survey, the nation’s largest benchmarking survey of plan design and cost....

2014-01-07 13:50:07

The cost of insurance co-payments for cutting-edge pharmaceuticals can vary widely from patient to patient. When the patient's share of prescription costs becomes too high, many patients skip doses or stop taking medication entirely, according to research conducted at the University of North Carolina. Using data from health plan claims for the anti-cancer drug imatinib filed between 2002 to 2011, Stacie B. Dusetzina, PhD, research professor at the UNC School of Medicine and Gillings School...

2013-12-05 12:28:51

HealthPocket analyzes out-of-pocket costs in Medicare drug plans SUNNYVALE, Calif., Dec. 5, 2013 /PRNewswire-USNewswire/ -- HealthPocket analyzed Medicare's 2014 drug coverage of the top 10 medications (as determined by U.S. dollar sales) and found these drugs were widely covered but some drugs carried tremendous out-of-pocket cost burdens despite Medicare drug insurance. Four of the top 10 medications were specialty drugs with out of-pocket costs in excess of $1,000 per prescription. Using...

2013-11-12 23:04:41

1-800-MEDIGAP, a BBB Accredited Business, releases resources to help educate and support seniors in their journey to proper healthcare coverage. (PRWEB) November 12, 2013 There are some wonderful benefits when purchasing a medicare supplement. Read more about medicare supplements by visiting 1-800-MEDIGAP.com. Most Medicare Supplement plans are network free and the different plan types can range in the level of coverage and likewise in the out-of-pocket expenses and premium payments. One...

2013-10-17 23:29:58

Full-service prescription benefits manager (PBM) is helping customers save money on prescription medications amid new health care legislation. Cary, N.C. (PRWEB) October 17, 2013 Paramount Rx, a full-service prescription benefits manager (PBM) focused on consumer-driven health care, is helping customers save money on prescription medications as new health care legislation continues to roll out and expenses remain high. Bringing both opportunity and challenges for consumer across the...

2013-10-09 20:22:29

MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ -- CieloStar announced today that it has entered into an exclusive distribution partnership agreement with MediCheque Cash Plans Limited (MCP) of London, England. Under the arrangement CieloStar will become the sole distribution partner for offering MCP's Medical Recovery Insurance plans across the United States. Aimed at employers and private individuals, CieloStar's Medical Recovery Insurance will be sold under the name CieloCheque. It...

2013-09-14 23:01:22

Rules and regulations on who is allowed to administer an HRA Park City (PRWEB) September 14, 2013 Today, Zane Benefits, the number one online small business health benefits solution, published new information on who can administer an HRA. According to Zane Benefits’ website, Health Reimbursement Arrangements, also referred to as Health Reimbursement Accounts or HRAs, provide small businesses an affordable health benefits solution. A common question from small businesses is "who can...

2013-08-30 23:25:15

Under The Affordable Health Care Act insurers were given until 2014 to align their systems and policies to ensure all consumer out of pocket health expenses were capped by 2014. Technological challenges have delayed these savings until 2015. Winnipeg, Manitoba (PRWEB) August 30, 2013 By provision of The Affordable Health Care Act, signed by President Obama three years ago, out of pocket expenses, co-pays and deductibles for all health care costs were to be capped at $6,350 for individuals...

2013-08-21 23:04:19

Some insurers will have an extra year to comply with consumer out-of-pocket annual limits. Park City, Utah (PRWEB) August 21, 2013 Today, Zane Benefits, the number one online small business health benefits solution, published new information on the delay in ObamaCare consumer protection. According to Zane Benefits’ website, there has been a delay in a key consumer protection provision of the Affordable Care Act ("ObamaCare") for some insurers and employers. Originally to be...