New cap on Medicare prescription drug costs to benefit 3 million next year – KOMO News
Seattle — At a time when many costs are rising, millions of Americans could soon see big savings on a key expense. “Previously, people who had a Medicare prescription drug plan had no limit on the amount they had to pay out of pocket each year,” said Lee Purvis, director of prescription drug policy for […]
Wisconsin congressman supports Medicare but Dems are not buying it
Rep. Brian Steele of Wisconsin outlined his plan to support Social Security and Medicare in his first re-election campaign ad and in a town hall meeting Wednesday, even though Democrats still don't believe the congressman is sincere. “Social Security and Medicare are our promises to seniors, and they are promises that must be kept,” Steele […]
Comrade Kamala’s Tie-Breaking IRA Vote Broke Medicare; She’s Covering it Up with a Taxpayer-Funded Bailout
The following content is Americans want limited government. There's an old joke in Washington that the vice president has only two responsibilities: first, to ask the president how he's feeling that day, and second, to break tie votes in the Senate. The first mission is no longer relevant since Democrats undemocratically barred President Joe Biden […]
Why this year’s Medicare Annual Notice of Change will be vital reading for beneficiaries – Fortune
If you have Medicare, you will likely receive one or two letters in the mail or email in September notifying you of changes to your coverage and costs for 2025. At first glance, they may look like spam and you may be tempted to ignore them. Nearly one-third of recipientsAccording to a survey by eHealth. […]
Harris Claims Trump ‘Tried to Cut Medicare Every Year’
The claim: Vice President Kamala Harris argued in a speech on Friday that former President Donald Trump had tried to cut Medicare “every year.” Verdict: False. President Trump did not try to cut Medicare while in office. The Biden-Harris Administration cut Medicare Advantage, which the vast majority of Medicare beneficiaries use over traditional Medicare. In […]
Trump shares promises for Affordable Care Act, Social Security, Medicare
(The Center Square) Former President Donald Trump laid out his economic agenda and vision for the country at a rally in North Carolina on Wednesday, promising to keep the Affordable Care Act, Social Security and Medicare intact. “A lot of people are very shocked by the state of inflation,” Trump said in Asheville. “I showed […]
5 takeaways from first Medicare drug price negotiations
The first round of price negotiations on 10 drugs was announced Thursday amid a lavish White House reception that Democrats celebrated as the result of years of hard work. Administration officials touted the plan’s $6 billion savings to taxpayers and roughly $1.5 billion reduction in out-of-pocket costs for seniors by 2026. Here’s what you need […]
White House strikes deal to cut prices of popular Medicare drugs that cost $50 billion yearly
The Biden administration is celebrating a victory after federal officials struck deals with drug companies to lower prices for 10 of Medicare’s most popular and expensive drugs, but it immediately offered few details about the new prices older Americans will pay to fill those prescriptions. White House officials said Wednesday night that the new drug […]
White House says negotiated prices for Medicare drugs will save U.S. $6 billion, beneficiaries $1.5 billion in first year – CNBC
Activists protest against the high cost of prescription drugs in front of the U.S. Department of Health and Human Services building in Washington, DC on October 6, 2022. Anna Moneymaker | Getty Images The Biden administration will announce prices Thursday for the first 10 prescription drugs that are the subject of landmark negotiations between drug […]
Biden-Harris Admin to Use Billions of Taxpayer Dollars to Offset Medicare Plan D Premiums Less Than 3 Months Before Election
The Biden-Harris administration has been criticized for pouring billions of taxpayer dollars into bailing out health insurers in an effort to hide impending price hikes for Medicare Part D plans with less than 100 days until Election Day. The Democrat-backed Inflation Control Act of 2022 (IRA) would limit Medicare beneficiaries’ out-of-pocket drug costs, resulting in […]