Content about Medicare Prescription Drug, Improvement, and Modernization Act

March 11, 2014

The Centers for Medicare and Medicaid Services has decided not to move forward on several of the proposed provisions of the Medicare Advantage and Part D prescription drug program, according to reports.

WASHINGTON — The Centers for Medicare and Medicaid Services has decided not to move forward on several of the proposed provisions of the Medicare Advantage and Part D prescription drug program, according to reports.

December 3, 2013

Elderly and disabled people nationwide have saved almost $9 billion on prescription drugs thanks to the Patient Protection and Affordable Care Act, according to a new study by the Centers for Medicare and Medicaid Services.

WASHINGTON — Elderly and disabled people nationwide have saved almost $9 billion on prescription drugs thanks to the Patient Protection and Affordable Care Act, according to a new study by the Centers for Medicare and Medicaid Services.

May 14, 2013

Medicare Part D plans that create tiered networks of pharmacies for beneficiaries need more oversight amid reports that small and medium-sized pharmacies are being excluded from them, several senators wrote in a letter last week to the Centers for Medicare and Medicaid Services.

WASHINGTON — Medicare Part D plans that create tiered networks of pharmacies for beneficiaries need more oversight amid reports that small and medium-sized pharmacies are being excluded from them, several senators wrote in a letter last week to the Centers for Medicare and Medicaid Services.

August 15, 2012

The Department of Health and Human Services on Wednesday announced partnerships with several pharmacies to help customers learn about new Medicare benefits available to them under the Patient Protection and Affordable Care Act.

WASHINGTON — The Department of Health and Human Services on Wednesday announced partnerships with several pharmacies to help customers learn about new Medicare benefits available to them under the Patient Protection and Affordable Care Act.

These partnerships — with CVS Caremark, Sam's Club, Thrifty White, Walgreens and Walmart — will provide Medicare beneficiaries with a range of educational materials on newly available preventive services, as well as savings on prescription drug spending in the "doughnut hole" coverage gap.

April 12, 2012

Take Care Health Systems, which is owned by Walgreens, now is providing wellness services for Medicare enrollees at all Take Care Clinic locations throughout the country, the retail health clinic operator announced on Thursday.

CONSHOHOCKEN, Pa. — Take Care Health Systems, which is owned by Walgreens, now is providing wellness services for Medicare enrollees at all Take Care Clinic locations throughout the country, the retail health clinic operator announced on Thursday.

The Welcome to Medicare Preventive Visits and Medicare Yearly Wellness Visits are wellness services for Medicare enrollees, which include screenings for a number of common conditions, as well as education and counseling to encourage wellness and prevent disease.

March 19, 2012

More than 5.1 million seniors and people with disabilities on Medicare saved billions on prescription drugs, thanks to the Patient Protection and Affordable Care Act, according to Department of Health and Human Services secretary Kathleen Sebelius.

WASHINGTON — More than 5.1 million seniors and people with disabilities on Medicare saved billions on prescription drugs, thanks to the Patient Protection and Affordable Care Act, according to Department of Health and Human Services secretary Kathleen Sebelius.

New data found that these individuals saved more than $3.2 billion on prescription drugs, while savings for seniors included a one-time $250 rebate check to those who hit the "donut hole" coverage gap in 2010 and a 50% discount on covered brand-name drugs in the donut hole in 2011.

October 25, 2011

Medicare Part D beneficiaries will be able to obtain hundreds of generic drugs without any deductible or co-pay under a new program offered by Rite Aid.

CAMP HILL, Pa. — Medicare Part D beneficiaries will be able to obtain hundreds of generic drugs without any deductible or co-pay under a new program offered by Rite Aid.

The retail pharmacy chain announced Tuesday that it had partnered with Envision Insurance Co. to offer a value-focused prescription drug plan for Medicare Part D Open Enrollment 2012. Rite Aid EnvisionRx Plus offers beneficiaries a plan with a $0 deductible and $0 co-pays, including during the coverage gap, also known as the donut hole.

October 14, 2011

As annual open enrollment season begins for Medicare Part D prescription drug plans, CVS pharmacists are available to answer questions and provide guidance on how to complete plan comparisons, CVS/pharmacy announced on Friday.

WOONSOCKET, R.I. — As annual open enrollment season begins for Medicare Part D prescription drug plans, CVS pharmacists are available to answer questions and provide guidance on how to complete plan comparisons, CVS/pharmacy announced on Friday.

From Oct. 15 to Dec. 7, Medicare beneficiaries have the opportunity to review their current prescription coverage and enroll in a new plan, if they so choose.

October 7, 2011

A growing number of people with Medicare are using free preventive services provided by the Affordable Care Act, the Centers for Medicare and Medicaid Services said.

WASHINGTON — A growing number of people with Medicare are using free preventive services provided by the Affordable Care Act, the Centers for Medicare and Medicaid Services said.

September 12, 2011

While it has been a boon to elderly Americans, Medicare Part D includes a complicating factor that has proven to be a headache.


While it has been a boon to elderly Americans, Medicare Part D includes a complicating factor that has proven to be a headache.


Despite its seemingly charming name, the doughnut hole has proven to be a headache for many seniors. Also known as the Medicare Part D coverage gap, the doughnut hole is when drug costs reach a point when the patient becomes responsible for the entire cost, and Medicare doesn’t pay for them again until they reach the catastrophic-coverage threshold. The hole and threshold change from year to year.


August 17, 2011

Medicare Part D beneficiaries who enter the "doughnut hole," where they have to pay 100% of previously subsidized prescription costs, are twice as likely to discontinue their medications as they are to switch to more affordable or generic medications, according to a new study conducted by researchers from Harvard University, Brigham and Women's Hospital and CVS Caremark.

WOONSOCKET, R.I. — Medicare Part D beneficiaries who enter the "doughnut hole," where they have to pay 100% of previously subsidized prescription costs, are twice as likely to discontinue their medications as they are to switch to more affordable or generic medications, according to a new study conducted by researchers from Harvard University, Brigham and Women's Hospital and CVS Caremark.

March 29, 2011

Raising Medicare’s eligibility age from 65 to 67 years in 2014 would generate an estimated $7.6 billion in net savings to the federal government, but also would result in an estimated net increase of $5.6 billion in out-of-pocket costs for 65- and 66-year-olds, as well as $4.5 billion in employer retiree healthcare costs, according to a new Kaiser Family Foundation projection of the potential change suggested by several deficit-reduction plans.

MENLO PARK, Calif. — Raising Medicare’s eligibility age from 65 to 67 years in 2014 would generate an estimated $7.6 billion in net savings to the federal government, but also would result in an estimated net increase of $5.6 billion in out-of-pocket costs for 65- and 66-year-olds, as well as $4.5 billion in employer retiree healthcare costs, according to a new Kaiser Family Foundation projection of the potential change suggested by several deficit-reduction plans.

November 14, 2010

In an effort to help seniors navigate changes in Medicare Part D plans, Walgreens is...

DEERFIELD, Ill. — In an effort to help seniors navigate changes in Medicare Part D plans, Walgreens is offering a free plan comparison report to make it easier for Medicare beneficiaries and caregivers to determine how much money can be saved under different plans.

Open enrollment for Medicare Part D drug plans began Monday, and enrollees have until Dec. 31 to review their coverage options for 2011.

November 9, 2010

Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the...

CAMP HILL, Pa. Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the 2011 Medicare Part D open enrollment period. With the first of the baby boomers officially turning 65 years old in 2011, more seniors are expected to hit drug stores looking for information about Part D options and open enrollment.

 

Open enrollment begins on Nov. 15.

 

 

November 4, 2010

Under the Affordable Care Act, the average savings for those enrolled in traditional Medicare is...

WASHINGTON Under the Affordable Care Act, the average savings for those enrolled in traditional Medicare is expected to amount to more than $3,500 over the next 10 years — and will be even higher for seniors and people with diabetes who have high drug costs — according to the U.S. Department of Health and Human Services.

 

August 30, 2010

More than 1 million Medicare beneficiaries have received prescription drug cost relief through the Affordable...

August 9, 2010

As elderly patients have found improved coverage of prescription drugs after enrolling in Medicare Part...

July 18, 2010

The independent pharmacy lobby is hailing an agreement by Fox Insurance to begin paying overdue...

February 25, 2010

For the second year in a row, Raleigh, N.C.-based Kerr Drug has earned high marks...

WHAT IT MEANS AND WHY IT’S IMPORTANT For the second year in a row, Raleigh, N.C.-based Kerr Drug has earned high marks from a major health provider network for its ability to deliver effective medication therapy management to its patients. Considering that MTM is critical to the future of pharmacy as a real, patient-centered healthcare profession instead of merely a dispenser of medications, Kerr’s efforts — and recognition by Outcomes Pharmaceutical Health Care for those efforts — are a timely step in the right direction.