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 ...
Category: Medicare Part D Articles
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 ...
Legislative Update for Week Ending July 26, 2019
This week was a busy one for Social Security and Medicare Advocates! There was considerable activity to combat the high cost of prescription drugs. The Ways and Means Committee had a hearing on the Social Security 2100 ...
Big Variation In Part D Costs Means Most Medicare Beneficiaries Overpay for Prescriptions
(Washington, DC) – A new analysis from The Senior Citizens League (TSCL) of 12 frequently - prescribed drugs illustrates that Medicare recipients frequently overpay for their medications. “Because Medicare doesn’t neg ...
Three Family Members On Medicare Each With High Drug Costs
Out-of-pocket spending on prescription drugs was the fastest rising expense of retirees from 2000 to 2019, according to a recent study of retiree costs by TSCL. While the annual cost-of-living adjustment (COLA) increase ...
Specialty Drugs Under Medicare Part D Nearly Two Times Higher Than Under Medicaid
Prices charged for the category of drugs known as “specialty medications” are exploding so quickly that they’re now a key source of concern for both consumers and Congress. Specialty drugs include those used to treat ca ...
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