Latest Medicare Update November 23, 2008 at 07:55 AM

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Drug prices jump nearly 4%, seniors group says (Sun-Sentinel) WASHINGTON


Drug prices jump nearly 4%, seniors group says (Sun-Sentinel)
WASHINGTON Brand-name drug prices jumped nearly 4 percent during the first three months of the year, raising costs for taxpayers subsidizing the Medicare drug program and for some of those participating in it, the AARP has said.

Medicare keeps rates for most Part B drugs steady (Reuters via Yahoo! News)
Medicare reimbursement rates for cancer, transplant and other drugs that must be given in a doctor's office will remain stable in the third quarter of 2006, officials for the federal insurance program said on Wednesday.

Most Nebraska seniors now have drug coverage (Lincoln Journal Star)
More than 85 percent of Nebraska s seniors are now enrolled in some form of drug coverage, according to the Nebraska Department of Insurance. That high percentage is much more than expected, according to Mark Intermill, with AARP of Nebraska.

Supreme Court Declines To Block Portion Of Medicare Law Requiring States To Contribute To Cost Of Drug Benefit (Medical News Today)
he Supreme Court on Monday declined to hear a lawsuit in which five states sought an injunction to block the collection of state funds by the federal government to help finance the Medicare prescription drug benefit, CQ Today reports (Schuler, CQ Today, 6/19). [click link for full article]

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