Latest Prescription drug benefits News

EXPLAINER: Lower prescription prices to take time in new law

Aug. 27, 2022 11:17 AM EDT

WASHINGTON (AP) — After decades of failed attempts, Democrats passed legislation that aims to rein in the soaring costs of drugs for some in the United States. It will take years for people to realize some of the most significant savings promised in the climate and health care bill...

What Medicare Part A’s belly-up date means for you

Aug. 10, 2022 08:31 AM EDT

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its...

Deal on Capitol Hill could ease seniors' health costs

Jul. 28, 2022 18:22 PM EDT

A deal on Capitol Hill that could cut prescription drug costs for millions of Medicare beneficiaries was cautiously cheered by older Americans and their advocates Thursday even as many worried it might never come to fruition. The health care and climate agreement struck by Senate...

Tennessee drops Medicaid drug change over federal concerns

Jul. 22, 2022 13:19 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee is abandoning plans for a major change to its Medicaid program's pharmacy benefits after federal health officials raised concerns. TennCare, Tennessee’s Medicaid program, said it will abandon a proposal to impose limits on some prescription drugs...