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Archive for August, 2005

Medicare Part D Overview

Friday, August 26th, 2005

Overview:
Medicare Part D is the new prescription drug benefit program scheduled to begin on January 1st, 2006. The Medicare Part D Insurance Policies are going to be administred by private companies, and cost approximately $35 per month. Anyone currently enrolled in Medicare Part A and/or Part B are eligible to enroll in a […]

More Seniors Looking Favorably Upon Medicare Drug Plan

Friday, August 26th, 2005

According to an Associated Press Article, the amount of medicare patients that say they looked favorably upon the upcoming part d drug benefit has finally caught up with those that say they didn’t.

“The positive drum beat has caught up with the negative one,” said Drew Altman, president and CEO of the Kaiser Family Foundation, which […]

Doctors Run Ads Against Medicare Compensation Cuts

Tuesday, August 23rd, 2005

From the Cincinnati Enquirer:

Medicare plans to cut doctor fees by an average of 26 percent over the next six years, starting with a 4.3 percent cut effective Jan. 1. The AMA claims the cuts will force many doctors to limit how many new Medicare patients they accept.
“Physicians want to serve senior patients, but they cannot […]

Kerr Drug Launches Medicare Part D Information Program

Thursday, August 18th, 2005

North Carolina based Kerr Drug is launching a Medicare Part D Information Program as a service to their senior clients.
According to their press release:

Various organizations, some legitimate - others not - are bombarding seniors with various messages and directions on how to obtain this additional coverage. So many messages have been sent out that North […]

Medicare Part D - Lower Premiums

Wednesday, August 10th, 2005

The upcoming Medicare Part D Prescription Drug Benefit cost should be about 14% less than originally projected. Based on bids from the private insurance companies planning to offer the coverage, the premium is expected to be $32.20 per month. The originally projected amount was $37.37.
According to the LA Times:

The lower estimates were good […]

Seniors Urged Not to Ignore Medicare Changes

Tuesday, August 9th, 2005

From the Baraboo News Republic:
Trish Vandre is the director of the Sauk County, Wisconsin Commission on Aging.

Vandre said area seniors, as well as their family members and care providers, should attend a session to gain a better understanding of the changes the new plan will bring. She said the changes will affect all people on […]

Switch in Rx Benefits for Young Critically Ill

Thursday, August 4th, 2005

From The South Florida Sun-Sentinel:
Some younger people with critical illnesses (and other groups who get their drugs through various government subsidies) will start getting their prescription drugs through the new Medicare Part D Rx Benefit instead of Medicaid, their current source.
This makes a lot of people uneasy, as they are highly reliant on their current […]

Insurance Plans Marketing Medicare Rx Early

Tuesday, August 2nd, 2005

From The Chicago Tribune:
Although insurance companies are not allowed to offer specific details on their Medicare Part D (prescription drug benefit) plans until October 1, many companies are getting their name out early by offering “educational” information about the benefits. Some senior / consumer advocacy groups are unhappy about this.

“The companies are calling […]

Insurance Plans Marketing Medicare Rx Early

Tuesday, August 2nd, 2005

From The Chicago Tribune:
Although insurance companies are not allowed to offer specific details on their Medicare Part D (prescription drug benefit) plans until October 1, many companies are getting their name out early by offering “educational” information about the benefits. Some senior / consumer advocacy groups are unhappy about this.

“The companies are calling […]