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On Medicare Part D Savings?

7 Responses

1. Ann Miller RN MHA, on October 2, 2013 at 10:22 AM said:

   Senior’s Misconceptions About Medicare and Exchanges

   According to a national survey from Express Scripts, of those age 65 and older, one-in-five seniors mistakenly thinks they can enroll in a medical and prescription drug plan through a health insurance exchange, even though the eligibility age ends at 65.

   Another 17 percent believe health exchanges could replace their Medicare plan altogether.

   Eighty-six percent of survey respondents reported confusion about how healthcare reform will affect their Medicare prescription drug coverage. Among the notable misconceptions:

   – Nearly one-third of seniors (29 percent) believe the ACA raises the Medicare eligibility age, with 68 being the average age cited;
   – 52 percent falsely believe they’re paying more for their prescription drugs in the Coverage Gap under healthcare reform;
   – 65 percent do not know that Medicare enrollment begins in October.

   Source: Express Scripts

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2. Kimberly, on October 15, 2013 at 5:56 PM said:

   Savings Needed for Medigap Premiums, Medicare Part B Premiums, Medicare Part D Premiums and Out-of-Pocket Drug Expenses for Retirement at Age 65 in 2011-2013

   By Percent Chance of Having Enough Savings with Median Prescription Drug Expenses Throughout Retirement

   Men 2011 2012 2013
   50% $71,000 $70,000 $65,000
   75% 107,000 105,000 96,000
   90% 136,000 135,000 122,000

   Women
   50% 95,000 93,000 86,000
   75% 124,000 122,000 111,000
   90% 156,000 154,000 139,000

   Married Couple
   50% 166,000 163,000 151,000
   75% 231,000 227,000 207,000
   90% 287,000 283,000 255,000

   Source: Employee Benefit Research Institute

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3. Ann Miller RN MHA, on November 12, 2013 at 7:25 PM said:

   Projected Exchange Enrollment Pattern Based on Part D Voluntary Enrollment Experience (in Millions)

   * One Month Before Deadline for 1/1 Coverage 1.0 0.7
   * Coverage Begins 1/1 3.6 2.4
   * One Month Before the End of Open Enrollment 8.1 5.5
   * End of Open Enrollment 10.4 7.0

   Source: Avalere Health

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4. Richard, on November 19, 2013 at 2:37 PM said:

   Medicare’s Failure to Track Doctors Wastes Billions on Name-Brand Drugs

   The failure to track doctors who shun cheaper generics racks up huge costs for taxpayers in Medicare Part D, which fills one of every four U.S. prescriptions.

   http://www.propublica.org/article/medicare-wastes-billions-on-name-brand-drugs?utm_source=et&utm_medium=email&utm_campaign=dailynewsletter

   Richard

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5. Jack, on December 2, 2013 at 5:17 PM said:

   For Medicare Drug Plans, the High Cost of Doing Nothing

   There’s a steep price for doing nothing when it comes time for open enrollment for Medicare prescription drug plans.

   http://www.propublica.org/article/for-medicare-drug-plans-the-high-cost-of-doing-nothing?utm_source=et&utm_medium=email&utm_campaign=dailynewsletter

   Read more from ProPublica.

   Jack

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6. Curtis, on May 20, 2014 at 5:43 PM said:

   Following Abuses, Medicare Part D Tightens Reins on Its Drug Program

   Medicare gives itself the power to ban physicians if they prescribe medications in abusive ways.

   http://www.propublica.org/article/following-abuses-medicare-tightens-reins-on-its-drug-program?utm_source=et&utm_medium=email&utm_campaign=dailynewsletter

   The action follows a series of articles by ProPublica documenting inappropriate prescribing, waste and fraud in its popular drug program.

   Curtis

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7. Valerie, on October 31, 2014 at 1:44 PM said:

   Hold the Part D Savings

   Medicare bought meds for dead people?

   http://www.msn.com/en-us/news/us/apnewsbreak-medicare-bought-meds-for-dead-people/ar-BBcaj22

   Is this really true; or a Halloween prank?

   Valerie

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