The Centers for Medicare & Medicaid Services (CMS) revealed on Thursday, August 31st 2023, that the initial group of ten Medicare Part D medications slated for negotiation under the Inflation Reduction Act (IRA) has been identified.
These drugs have been designated based on the outlined criteria within the IRA. This legislation mandates that CMS prioritize drugs with the highest Medicare expenditure and minimal competition, among other considerations. The resulting roster encompasses medications that are crucial for numerous Medicare recipients in treating various conditions such as cancer, diabetes, blood clotting, heart failure, autoimmune disorders, and chronic kidney disease. Negotiations regarding pricing will commence this year between CMS and the participating pharmaceutical manufacturers. […]
The Medicare Annual Enrollment Period (AEP) is an important timeframe for making changes to your Medicare coverage options, if needed. AEP occurs annually from October 15 to December 7, with any changes you make taking effect from January 1. What Changes Can You Make During AEP? The changes you can make during AEP depend on your current Medicare coverage. Below, you’ll find information about the actions you can take based on your current situation: If […]
August marks Immunization Awareness Month, a time when we focus on the health of seniors by educating on immunizations. Seniors staying up-to-date with vaccinations can play an important role in preventive care. Fortunately, Medicare Part B and D plans offer comprehensive coverage for a range of vaccines, ensuring that older adults can access the protection they need to lead healthier, active lives. The recently passed Inflation Reduction Act Lowers Health Care Costs for Millions of […]
Discover the beauty of graceful aging with us as we welcome you to our senior skincare blog, where the joy of these summer months awaits! Our mission is to celebrate the natural transformations of our skin throughout life’s journey and provide expert guidance in caring for your skin. With a focus on health, radiance, and vibrancy, we have gathered 7 essential skincare tips in this blog. Together, let us embark on a journey to ensure […]
This June is National Men’s Health Month, so we want to highlight the importance focusing on health concerns that are specific to men. One of those concerns is prostate cancer. Early detection is a key factor in determining health outcomes, so it is important for you, as a Medicare beneficiary to know what your health plan covers. Regular screenings hold the key to detecting prostate cancer before symptoms emerge. Detecting prostate cancer at an early […]