Ever since Medicare Part D began covering prescription drugs in 2006, beneficiaries have been frustrated by surprise costs. Well, to be fair, folks were SO glad to finally have prescription drug coverage at first that there was more happiness than frustration. Up until that point, most Medicare beneficiaries had to pay out of pocket for all their medications. So Part D coverage was a huge step forward. But over the
It’s the annual open enrollment season for Medicare once again! Open enrollment started Tuesday, October 15th and runs through December 7th. If you’re a Medicare beneficiary, you have the opportunity now to review your current coverage and consider other options. Any changes you make will be effective January 1, 2025, and if you do nothing your current coverage will remain in place. Although you may be eligible to change both your
Medicare began offering prescription drug coverage (known as Medicare Part D) in 2006. Until then, people on Medicare had to pay out-of-pocket for all their prescription drugs. Since its beginning Medicare Part D has had favorable ratings, with beneficiaries finding it easy to use and understand, and generally affordable. Of course, the skyrocketing cost of prescription drugs is adding a new twist to affordability, and that’s true for both
All around the nation, local, independent pharmacies are closing their doors. This has been happening for some years now, and many of you may have experienced it personally. Independent pharmacies are being squeezed out of business by big chain pharmacies and pharmacy benefit managers, some of which don’t put patient care at the top of their priority list. What’s going on? How does it affect you? Family-owned Dexter Pharmacy closes