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Medicare Premium for elderly increased by 12 percent
According to the U.S. health-care program, elderly enrolled under Part D prescription-drug plan of Medicare will pay premium $28 per month in year 2009. The present premium has been increased by $3.
Health News. Aug. 16, 2008
According to statistics, 25.4 million Americans have drug coverage through Medicare, 17.7 million of them in standalone plans and 7.7 million in Medicare Advantage plans that provide health care through private insurers.
The Centers for Medicare and Medicaid Services explained that the present 12 percent premium increase has been done due to rising drug costs, higher estimates of costs for catastrophic drug coverage, and the end of a demonstration project. Authorities added that these beneficiaries pay only one-fourth of the basic prescription plans while the rest is paid by government.
Authorities further added that Medicare will spend about $36 billion this year to subsidize drug coverage. The new estimates were based on bids submitted by companies that receive government subsidies to offer the plans.
Paul Spitalnic of the Medicare agency's office of actuaries said, "Average plan bids have increased at roughly the same rate as drug costs."
### Source: TopNews US Edition
Simply avoid the "Donut Hole"!!!
With the high cost of Brand Name Drugs, seniors with Medicare-D coverage are being FORCED to switch to generics once finding them selves in the "Donut Hole". ADV-Care Pharmacy in Canada has a solution. Simply avoid the "Donut Hole"!!!
By purchasing brand name drugs from Canada at 30-70% less, seniors only have to use their Medicare-D coverage for the generics.
This clever solution will help seniors who are not comfortable with generics to never fall in the "Donut Hole".
More importantly, not all brand name drugs are available in generic form. Therefore, by purchasing such medications from Canada, seniors will definitely avoid the "Donut Hole". |
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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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| 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 |
Medicare "Doughnut Hole" Leads Some Elderly to Go Without Medication
According to Michael Bihari, MD, summary from the Kaiser Family Foundation
Medication News - Friday August 22, 2008
Click for Details
Advice for Summer Health
We, at ADV-Care Pharmacy, has some helpful tips to make your summer sane, safe and memorable
ADV-Care May 21, 2008
Click for Details
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