Senior Living Blog
The Most Expensive Prescription Drugs in America
The amount Americans spend on prescription drugs has nearly doubled since the 1990s, a 2017 government investigation found, meaning the United States spends the most of any high-income nation. List prices rose 6% over the past 12 months alone, according to the prescription website GoodRx. Medicare drug prices soared 10 times the rate of inflation.
May 30, 2018
Frequently Asked Questions About Medicare
Almost every American over the age of 65 is covered by Medicare, or will be after they retire. However, there are a lot of aspects about this massive health insurance program that are not well understood by many people. With that in mind, here are a few things Americans often don’t know about Medicare and […]
December 27, 2017
What Does Medicare Cover for People With Diabetes?
For people with diabetes, Medicare Part B will cover blood glucose monitors, test strips, lancet devices, and lancets. In addition, glucose management solutions for those with diabetes are covered whether someone uses insulin or not.
April 4, 2017
What Does Medicare Part D Cost and Cover in 2017?
A detailed review of how Medicare’s prescription-drug benefit works. Millions of Medicare participants currently rely on Part D to help them pay for prescription drugs. However, it can be difficult to understand all the elements associated with this program, since it operates slightly different from most other parts of Medicare. Still, it’s important for all […]
February 28, 2017
How to Sign Up for Drug Coverage
While it appears Americans’ spending on prescription drugs fell last year for the first time in nearly six decades, no one on Medicare ought to take that as a signal not to invest in a Medicare Part D prescription drug plan (PDP).
November 11, 2013
Are Medicare Premiums Expected to Remain Stable in 2014?
The United States Dept. of Health and Human Services (HHS) has released data indicating Medicare Part D prescription drug plan premiums are projected to remain stable in 2014.
November 6, 2013
How Much Does My Total Medicare Coverage Cost?
We’ve often discussed Medicare costs … particularly, the deductibles, copays, coinsurance charges, and premiums someone might expect to pay for the various Medicare parts and plans. This time let’s try to determine how much a Medicare recipient might expect to pay in total for comprehensive health coverage. Original Medicare Medicare Part A Chances are you don’t have […]
July 11, 2013
Beware of Counterfeit Drugs and Fake Medications
The Voice of America reports that the global trade in counterfeit drugs has risen to $30 billion a year. According to the VOA, 40 percent of the drugs sold in some countries are of the counterfeit variety, and contribute to frequent treatment failure and loss of life.
December 28, 2012
Prescription Drug Plan Restrictions
“I can’t get no satisfaction”- What to do about Prescription Drug Plan restrictions.
August 17, 2011
Medicare Part D
The Rising Cost of Brand Name Drugs
May 17, 2011