Efforts to Lower Drug Prices Still Alive Unless you do not pay attention to the news at all, you know that passing legislation to lower the prices of prescription drugs in the Senate has two main obstacles: in additio ...
Author Archives: shannon
Medicare Owes Beneficiaries A Refund
Washington, DC) – Medicare beneficiaries may have grounds to ask for a refund on a portion of their 2022 Part B premiums, according to The Senior Citizens League (TSCL). “It appears that Medicare is overcharging 57 milli ...
Panel Recommends Payment Cuts for Nursing Homes/Home Health in 2023
Bloomberg News has reported that a federal advisory commission will recommend to Congress that traditional Medicare lower payments by 5% to nursing homes, home health agencies, and inpatient rehabilitation facilities in ...
Will the Medicare Part B Premium be Lowered?
As you no doubt know by now, the increase in the Medicare Part B premium for 2022 is the largest ever. As we previously reported, the large increase came about as a result of Medicare preparing to pay for the cost of a ...
Will Prescription Drug Legislation Pass This Year?
As a reminder, the provision to reduce the costs of prescription drugs is part of the legislative package called “Build Back Better,” which is one of the top priorities of President Biden. However, because of the Senate ...
Government Shutdown Once Again Lurks on the Horizon
The subject hasn’t appeared in the media since the agreement in December on a short-term government funding bill, but Congress is working on a spending bill to keep the government open for the rest of fiscal year 2022. ...
Congress Returns to Washington
The members of Congress returned to Washington last week and began what is known as the Second Session of the 117th Congress. They have a full agenda to deal with including some very pressing issues that must be acted u ...
Update for Week Ending January 15, 2022
Congress Returns to Washington The members of Congress returned to Washington last week and began what is known as the Second Session of the 117th Congress. They have a full agenda to deal with including some very pr ...
Price of Alzheimer’s Drug is Lowered – Will Medicare Part B Premium Follow?
A significant part of the large increase in the Medicare Part B premium for next year is because of the cost of the new Alzheimer’s drug Aduhelm, which was priced at $56,000 a year. The premium increase came even thou ...
Medicare Coverage of Hearing Also on the Line
In addition to lowered prescription drug prices, the Build Back Better legislation also contains a provision that would expand Medicare coverage for hearing aids and services. Originally, it also had provisions to provid ...