Seniors Medicare Prescription Drug Bills to double in 10 Years, and family`s annual bill is more than $6000 in future
Released on: December 10, 2007, 9:05 pm
Press Release Author: PrescriptionHelpLine.com
Industry: Pharmaceuticals
Press Release Summary: Seniors Medicare Prescription Drug Bills to double in 10 Years, and family\'s annual bill is more than $6000 in future.
Press Release Body: -------------------------------------------------------------------------------- Date: December 10, 2007 Contact: Jack Hardon, Communications Director Janet Reese, Director of Commerce Jack Wagner, Press Secretary 860-712-3900 x3627
Press Release http://www.PrescriptionHelpLine.com: Seniors Medicare Prescription Drug Bills to double in 10 Years, and family\'s annual bill is more than $6000 in future.
Estimates on the Senate Medicare prescription drug bill vary from The Congressional Budget Office over the next
10 years are about $400 billion.
New report shows prescriptions, and higher prices, will make drugs too expensive to afford.
WASHINGTON, D.C. - Struggling American seniors, won\'t be able to afford their prescription drug costs, and in
10 years more than double their current costs according to experts.
The federal Medicare reform bill signed into law on December 8, 2003 implements the most extensive changes to
the program since it was established in 1965. The most significant element of the new law is the addition to
Medicare of prescription drug coverage. Among other reforms, the bill implements a voluntary outpatient
prescription drug benefit, or Medicare Part D, starting in 2006, for the 40 million elderly and disabled
Medicare beneficiaries. A drug discount card program will be available in spring of 2004 that will expire upon
implementation of the Part D drug benefit.
The giant coverage gap, in 2006: $2900 projected to rise in 2013 to $5000.
With this new plan, an average retiree is paying a premium each month for prescription drugs about $33. then
add the $250 deductible charge, insurance companies then pay 75 percent of $2,000 drug expense. Above that
amount the senior must pay until expenses $5,100. Insurance will cover above this amount covering 95 percent
drug costs.
Medicare news: -------------------------------------------------------------------------------- If the client is still dissatisfied, an outside body (see: http://www.mymedicarematters.org ) can look at the
denial. The outside body is an independent review entity (IRE) contracted by Medicare... -------------------------------------------------------------------------------- Challenge of insurance pharmacy to cooperation How to cooperate with prescription doctors (see:
http://www.PrescriptionDoctors.com ) and health facilities ? Upper volume. For what reasons pharmacists can not
communicate with doctors. -------------------------------------------------------------------------------- The Influence of Prescription Question (see: http://www.PrescriptionQuestion.com ) Asking on.
Pharmacist-Patient Communication,\" presented at... -------------------------------------------------------------------------------- By telling us your experience with the Medicare drug benefit (see: http://www.consumersunion.org ) - from your
costs ... If you have not yet enrolled in the new Medicare Part D benefit for this ... -------------------------------------------------------------------------------- Medical 20%; Prescription generic (see: http://www.PrescriptionGeneric.com ) /preferred brand 30%; Prescription
non- preferred 50%. Health Investor Health Plans cont -------------------------------------------------------------------------------- Otherwise, you may pay for the prescription and submit the receipt (which must include date, prescription dosage (see: http://www.PrescriptionDosage.com ), quantity, and amount paid) with a claim... --------------------------------------------------------------------------------
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