By Mary Johnson, editor Remember “Flo”? In 1999 she was the blond, perky, mature lady who came onto our TV screens telling us that she was here “to tell seniors about changes that affect our medicines.” She would en ...
Benefit Bulletin: April/May 2021
What To Do When The Doctor Recommends A Budget Busting Drug Rick Delaney, Chairman of the Board Recently we received the following: My doctor wants to put me on a new medication for my rheumatoid arthritis, but my ...
Drug Prices Paid By Medicare Three Times Higher Than Medicaid
Public anger over the rising costs of insulin and other key life-saving drugs has grown in recent years, and now a new federal analysis reveals that Medicare Part D pays far more for medications than any other government ...
Medicare Recipients Face Steep Out-of-Pocket Medicare Part D Drug Costs in 2021
Prescription drug costs are one of the fastest-growing expenses in retirement. Last year, about 23% of you postponed filling one or more prescriptions due to cost, according to the results pouring into TSCL’s latest Sen ...
Part D Out-of-Pocket Costs Take Record Jump
Medicare Part D prescription drug coverage hit a new milestone this year. The highly — loathed “doughnut hole” or “coverage gap” closed this year. But that doesn’t mean prescriptions will be free. The co-insurance in ...
Millions of Retirees Spent $5,000 on Just Medicare Premiums in 2019
An estimated 10 million Medicare beneficiaries who are covered by a Medigap policy and Part D plan, spent $5,000 in 2019 — $416 per month — just for Medicare premiums according to findings from TSCL’s 2019 Senior Survey. ...
Shopping For A Better Health Or Drug Plan Could Save Hundreds of Dollars
(Washington, DC) Making the effort to check health and prescription drug coverage during the Medicare Open Enrollment Period, October 15th through December 7th, can pay off in significant savings for retirees, says The ...
How Should Medicare Negotiate Drug Costs? Here’s What You Told Us:
The United States pays the highest drug prices of any developed nation in the world. We asked participants in our 2019 Senior Survey to evaluate three leading proposals that would allow Medicare to negotiate drug prices ...
Weak Support Among Older Americans For Medicare-For-All. More Support for a Medicare “Buy-In”
As Congress and Democratic candidates debate Medicare-for-all, TSCL’s 2019 Senior Survey finds tepid support among older Americans for expanding Medicare to everyone. On the other hand, our survey found some support for ...
Are You Overpaying for Prescription Drugs? New Analysis Says Yes!
A new analysis of twelve frequently- prescribed drugs illustrates that Medicare recipients frequently overpay for their medications. Because Medicare doesn’t negotiate drug prices, there are wild swings in prices betwee ...
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