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Tag Archives: Medicare Part D

Seniors, Thank the President for Healthcare Reform

Thanks to ObamaCares (ACA) seniors are saving mucho dinero! Last year 3.6 million Medicare beneficiaries saved about $2.1 billion-yes, BILLION- on prescription drugs! An important part of ObamaCares is the gradual elimination of the so-called doughnut hole. In 2011, the law provided beneficiaries a 50 percent discount on covered brand named drugs and a 7 […]

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Medicare Part D is Aiding Seniors’ Addiction to Pain Meds

Medicare Part D is Aiding Seniors’ Addiction to Pain Meds

According to the National Clearinghouse for Alcohol and Drug Information, as many as 17% of adults age 60 and over abuse prescription drugs. Narcotic pain killers, sleeping pills and tranquillizers are common medications of abuse. Today’s New York Times reports that about 170,000 Medicare beneficiaries received prescriptions from five or more medical practitioners. They report […]

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Drug Prices Are Set To Plunge!

The cost of prescription medicines used by millions of people every day is about to plummet. Over the next 14 months as patents expire there will be generic versions of some of the most popular drugs like Lipitor and Plavix. The magnitude of this wave of expiring drug patents is unprecedented . Lipitor alone is […]

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Criminals Are Defrauding Medicare Part D

In a shocking report published in the Boston Globe, crooks are taking advantage of lax oversight in Medicare’s Part D prescription drug program to obtain highly addictive class II drugs including oxycodone, Ritalin, and methadone, according to results of a federal probe, either for personal or illicit use. The report by an independent inspector said Medicare can’t […]

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Medicare Won’t Go Broke But That Doesn’t Mean You Have to Waste Money!

A recent report found that if people followed some simple advice regarding prescription drugs, healthcare costs could be reduced more than $150 billion a year. Here are the recommendations: 1. fill and take all prescription medications, 2. ask your doctor about generics, and 3. fill your prescription needs in ways that save money. Over six […]

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