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 ...

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 ...

When You Can’t Afford Your Prescription Drug Costs, Apply for “Extra Help” Rick Delaney, Chairman, TSCL The high cost of prescription drugs has been the topic of recent Congressional hearings.  The combination of h ...

The total cost for a single year of treatment with the nation’s most expensive specialty drugs can cost more than the entire retirement savings for many retirees.  The annual cost of the cancer drug Idhifa, for example, ...

While little progress was made this year to lower overall drug costs, some changes made by the Bipartisan Budget Act (BBA) of 2018 are helping an estimated 5 million Medicare beneficiaries with the highest annual out-of- ...

Leslie R.’s biggest problem isn’t the fact that she’s 70, or that she’s trying to live on just Social Security and a small pension.  Leslie is a type II insulin dependent diabetic, left with no savings after a battle wit ...

By Mary Johnson, editor If you have an inflammatory disease like a chronic pulmonary condition, cardiovascular disease, diabetes, inflammatory bowel disease (IBS), or even sleep apnea, I have one piece of advice:  Go ...

The largest share of participants in TSCL’s 2018 Senior Survey, 43%, say that medical expenses were their fastest rising cost in 2017.  Just medications alone take about 12.6% of the budgets of Americans age 65 and over, ...

By Mary Johnson, editor Your Part D drug plan would never tell you this, but the alarming fact is that there is no limit to what you might spend out-of-pocket for your prescriptions drugs in any given year.  While t ...