Latest Medicare Update February 12, 2012 at 03:40 AM

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Medicare Part D - Welch calls for Part D revamp (The Barre Montpelier Times


Welch calls for Part D revamp (The Barre Montpelier Times Argus)
MONTPELIER -- A new report by his congressional committee demonstrates the need for large changes in the Medicare Part D prescription drug program, U.S. Rep. Peter Welch said Monday. ... - By LOUIS PORTER Vermont Press Bureau

Longs Drug Stores Shares Rise on Upgrade (AP via Yahoo! Finance)
Longs Drug Stores Corp. shares rose Monday, after a Lehman Brothers analyst upgraded the drugstore operator and said its RxAmerica subsidiary will benefit from the Medicare Part D prescription drug program.

Majority Of House Of Representatives Support Common-sense Fix To Medicare Part D Prescription Drug Plan (Medical News Today)
Bipartisan support for prompt reimbursement of Medicare Part D prescription drug claims to community pharmacies continues to grow. H.R.1474, the Fair and Speedy Treatment (FAST) of Medicare Prescription Drug Claims Act of 2007, has just signed its 220th co-sponsor. [click link for full article]

Medicare insurers criticized in study (Denver Post)
Insurance companies offering Medicare-funded prescription drug plans are costing U.S. taxpayers almost $15 billion a year in excess administrative fees and pharmaceutical costs, a congressional study found.


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