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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
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Premium increases in certain Medicare drug plans may be more volatile next year with some popular plan rates jumping by double-digit percentages, a new study shows.
A report by Avalere Health, a Washington-based advisory firm and consultant to the health care industry said seven of the 10 most popular prescription drug plans chosen by seniors have double-digit percentage increases in their monthly premiums. Here’s a link to the Avalere report that analyzes the so-called Medicare Part D drug plans that contract with the Centers for Medicare and Medicaid Services to offer seniors prescription drug coverage.
Read it all.
Filed under: * Culture-Watch Health & Medicine * Economics, Politics Economy Consumer/consumer spending Personal Finance The U.S. Government Medicare

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2. Country Doc wrote:
Thank you President Bush. We tried to tell them that Part D would bankrupt the system. They passed the bill with the stipulation that the drug companies could set the price and there would be no negotiation. The plan would pay it. The VA by bidding get these drugs for about 40% less. Wish they treated doctors that way! Big Pharma makes hugh donations to both parties. As for the insurance plans, they are not going to loose money. They just pass on these costs. It will get exponentially higher under Obamination Care. This is what the voter want and vote for. Enjoy. |
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Gosh, what a surprise. Now that I have entered the infamous “donut hole” I discovered that the big Pharma company manufacturing one of my meds jacked its price up by 46%. The Medicare advantage plan I subscribe jacked its copays up by 25% and its monthly premium by the same amount. So much for effect of health care “reform” - the infamous act that should have been called the Profit Maintenance and Enhancement Act for Corporate Medicine. And we learn how “electronic records” have been used to defraud the government of millions of dollars. What a tragedy - what a sickness.
Lately, I’ve spent several sessions sitting in the waiting room of a health “Center” that serves lower-income and unemployed persons. The obstacles they face in accessing even rudimentary health services suggest to me that pontificating politicians might learn something about the corrupt system they work so strenuously to maintain. But who wants to spend time in a waiting room with under- and non-insured persons learning about health care as it relates to real human beings? Better to sip the good wine and sample the exotic cheeses of the medico-pharma lobbyists.
September 26, 2:08 pm | [comment link]