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Medicare D beneficiaries will see a 21% increase on average in their monthly premiums in 2008 says the Wall Street Journal
A snapshot of the prescription drug plan for seniors and other Medicare beneficiaries:
- 100 million Medicare Part D prescriptions filled monthly.
- 8 percent of seniors lacked drug coverage in 2006, the first year the program was offered; down from 33 percent in 2005
- 50 percent of seniors received benefits through a Medicare Part D drug plan last year
- 1 in 5 seniors with Medicare Part D reported that they had not filled, or had delayed filling a prescription because of costs over a 12-month period. Seniors without any coverage fared slightly worse; those with employer plans or covered by the VA were less likely to take the same drastic action.
- 21 percent: Average increase for Medicare beneficiaries if they stay with their current plans in 2008
- $25 is how much Medicare estimates beneficiaries will pay on average for monthly premiums in 2008, up from $22 this year
- 44.1 percent of pharmacies’ prescription drug claims submitted in 2006 didn’t get reimbursed within 30 days; 9.6 percent weren’t recouped within 60 days
- Zero plans offering complete brand-name drug coverage through the “doughnut hole” in 2008, though some plans offered in Indiana cover generics through the gap. Medicare drug plans will stop coverage when total retail costs reach $2,520. Coverage resumes only after the beneficiary has paid $4,050 in out-of-pocket costs.
Sources: Centers for Medicare and Medicaid Services; Wall Street Journal; Kaiser Family Foundation; University of Texas at Austin.
Medicare No Longer to Pay for Preventable Hospital Errors, Injuries or Infections
Medicare is changing its coverage so that it will no longer pay for hospital incidents that could have been prevented, according to the New York Times.
These conditions were caused by negligence or improper medical practice, the Times reports, and the Bush administration has decided that Medicare will no longer pay the additional costs for treating them. Included are conditions and infections such as bedsores (pressure ulcers), injuries caused by falls in circumstances where they could have been prevented, and infections resulting from use of catheters for long periods.
Private insurers, too, are considering following Medicare's lead, which may cause hospital officials to place emphasis on reducing staph infections and medical errors and replacing health workers who are neglectful of patients' needs.
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USA. Aug. 19, 2007 (via ABC News) |
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Doughnut Hole Video
This video clip is part of "The Problems with the Medicare Drug Problem -- and How to Fix Them" hosted by Walter Cronkite and created by FamilesUSA.
Washington, D.C., USA. July 24, 2006 |
| View the Video HERE |
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Free Shipping Certificate, For Referring Friends
We continue to offer free shipping rewards to all customers who refer a friend. When your friend places their first order, you will automatically be credited free shipping on you next purchase. The new year will also bring additional discount programs. Call one of our friendly customer service agents for more details at 1 888 997 9915 |
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| Understanding Medicare Part D |
Medicare Calculator
ADV-Care Pharmacy is pleased to assist you with a case analysis of your prescription requirements. We have developed a Medicare Benefit calculator that will analyze Medicare costs vs. our cost and their relative savings. Just input the amount you expect to pay for your medications in U.S. retail dollars. Go to our website to calculate now!
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| Medicare and ADV-Care News Release |
Getting Ready For Flu Season
Toronto, Canada. Oct. 25, 2007
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How To Protect Yourself From West Nile Virus
Toronto, Canada. Aug. 17, 2007
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Advice for Summer Health
Toronto, Canada May 30, 2007
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Retirement Living Spotlight on Medicare D
Toronto March 16, 2007
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Lawmaker Inquiry May Bump Medicare Costs
Washington(AP) March 14, 2007
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Heart Attack Patients: Take Your Meds!
Florida, January 10, 2007
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Read all the news release articles
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