Latest Medicare Update May 22, 2012 at 06:25 AM

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Medicare Part D - Competing To Save The Health-Care System MoneyAmerican seniors recently received


Competing To Save The Health-Care System Money
American seniors recently received some good news -- they won't be seeing higher premiums in 2012 for their Medicare prescription drug benefits. In fact, the rates they pay for prescription drug coverage under Medicare Part D will decline this coming year, according to the U.S. Department of Health and Human Services (HHS).HHS's announcement comes on the heels of a new Harvard study published in ...

Cost of Medicare's Part D drug plan is dropping
The government-subsidized prescription plan will cost seniors an average $30 a month in 2012, down from $30.76 this year. Even as health costs continue to rise, Medicare beneficiaries will see the average price of a Part D drug plan decline slightly next year, the Obama administration announced Thursday, offering some relief amid pressure to cut the federal health insurance program for the ...

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