As you no doubt know by now, the $21.60 increase in the Medicare Part B premium is the largest annual dollar-amount rate hike ever for Part B coverage, while the 14.5% increase is the third-largest percentage increase s ...
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Drama Continues Over Fight to Lower Drug Costs
The story has been going on for weeks, so things are not definite, but as of right now, the Democrats in the House plan to pass the legislation that includes provisions to lower prescription drug prices sometime this wee ...
Congress Faces Crush of “Must-Do” Legislation with Time Running Out
Congress was formally in recess last week although committee work continued. But they are back in session this week and they face a daunting task as time is running out for them to finish work on what is considered to be ...
Weekly Update for Week Ending November 13, 2021
Congress Faces Crush of “Must-Do” Legislation with Time Running Out Congress was formally in recess last week although committee work continued. But they are back in session this week and they face a daunting task as ...
Medicare Reimbursements to Certain Doctors to be Cut
During the Covid-19 pandemic Medicare increased payments to certain specialty doctors, including cardiologists and radiation oncologists, by 3.75 percent. That pay increase is set to expire in 2022 and Medicare has deci ...
Hearing Makes it, but Dental and Vision are out
TSCL had been hoping that Medicare coverage for hearing, dental and vision services would be included in the new legislation but the agreement reached last week includes only hearing services. According to Kaiser Heal ...
Drug Companies Fought Against any Legislation that would Force Drug Prices Lower
We are at a strange point in our society where on the one hand, drug companies are heroes for the way they developed vaccines against Covid-19 so quickly – vaccines that have saved many lives and allowed us to think abou ...
New Prescription Drug Price Reduction Agreed On
Last week the Democratic majorities in Congress reached an agreement on new measures to begin reducing prescription drug prices. These are not as far-reaching as those proposed previously but they still are major steps ...
Date for Vote on Health Care Legislation Still Uncertain
As we have been reporting, the changes in Medicare will be part of an overall infrastructure bill that President Biden has proposed and that both the House and the Senate have been working on for weeks. The uncertaint ...
Democrats Still Working on Prescription Drug Pricing
We had also hoped that by this time we could give you information about what’s in the legislation that’s been passed in Congress concerning reducing drug prices. But we can’t do that because nothing’s been passed yet. ...