Insulin Price Increase and Impacts on Beneficiaries

insulin price increase

According to the American Diabetes Association, half of Americans over the age of 60 have diabetes. Insulin prices have continued to rise, and many Medicare beneficiaries struggle to pay for their out-of-pocket costs. It’s important to understand the price increases so you can inform beneficiaries of the benefits of Part D and ultimately make a sale. Insulin Price Increase The …

2019 Medicare Donut Hole: Everything You Need to Know

medicare donut hole

2019 Medicare Donut Hole: Everything You Need to Know According to the Henry J Kaiser Family Foundation, 43 million Medicare beneficiaries are enrolled in a Part D plan. This accounts for 72% of Medicare beneficiaries nationwide! When Medicare Part D started in 2006, beneficiaries were required to pay 100% of the costs for brand name drugs. That percentage has decreased …

New Proposed Rule: Lower Drug Prices for Medicare Advantage and Medicare Part D

Lower drug prices

New Proposed Rule: Lower Drug Prices for Medicare Advantage and Medicare Part D The Centers for Medicare and Medicaid Services (CMS) is actively searching for new ways to implement lower drug prices for beneficiaries.  In November 2018, CMS opened public comments on a new proposed rule that is set to hit the Federal Register by the end of the month. …