Category Archives: Medicare Updates
If you’re like most people, you don’t pay a monthly premium for your Medicare Part A. However, if you have Medicare Part B and you are receiving Social Security or Railroad Retirement Board benefits, your Medicare Part B premium is usually deducted from your monthly benefit payment. If you have Medicare Part B but you […]
Majority of Drugs Now Subject to Coinsurance in Medicare Part D Plans A new analysis from Avalere finds that a majority of prescription drugs covered by standalone Medicare Part D plans (PDPs) are subject to coinsurance, rather than copayments, in 2016. Coinsurance is when a beneficiary pays a percentage of the cost of the drug, […]