Democrats Eye Medicare Advantage

From the Wall Street Journal Online

http://online.wsj.com/article/SB122920867695704427.html.html

Democrats start looking at the Medicare Advantage programs and drug programs.

Posted under Medicare Advantage, Medicare Bills, Part D

This post was written by admin on December 13, 2008

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Generic Drugs Lower US Medicare Costs - RedOrbit

RedOrbit, TX
The generic drugs which account for 64% of all prescriptions written under the the prescription drug benefit, helped lower the US Medicare costs, READ MORE

Posted under Part D

This post was written by admin on November 6, 2008

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Expect Changes in Drug Co-Pays for Medicare On Eve of Open Enrollment, Many Plans Announce Shifts; Poring Over the Fine Print

Wall Street Journal - Nov 3, 2008
By JANE ZHANG Millions of older Americans are bracing for big increases in their Medicare drug-plan premiums next year. But consumers also need to watch for

READ MORE

Posted under Companies, Medicare Supplement, Part D

This post was written by admin on November 3, 2008

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2009 Medicare Part D (PDP) Standard Benefit Design

Here is the Standard 2009 PDP plan design versus 2008:

 

Part D Benefit Parameters - Standard Benefit
2008 2009
Phase I Deductible $275 $295
Phase II Initial Coverage Limit $2,510 $2,700 
Phase III Out-of-Pocket Threshold $4,050 $4,350 
Phase IV Catestrophic Phase Greater of 5% or     
  Generic/Preferred $2.25 $2.40
  Other $5.60 $6.00

Here is the FULL CMS PRESS RELEASE (page to bottom)

Posted under Part D

This post was written by admin on August 1, 2008