SeniorJournal.com - Daily News for Senior Citizens

  FRONT PAGE Aging • Health • Alzheimer's - Mental • Nutrition • Medicare & Medicaid Politics  • Fitness  • Social Security • Alerts • Sex Health • Features • Retirement  Elder Care  >Search  >Senior Links

[NavBar.htm]

Senior Journal: Today's News and Information for Senior Citizens & Baby Boomers

More Senior Citizen News and Information Than Any Other Source - SeniorJournal.com

• Go to more on Medicare or Medicare Drug Program More Senior News at SeniorJournal.com on the Front Page

 
 
Follow on  and 

E-mail this page to a friend!

Medicare News

New Health Care Law Creating Big Savings for Senior Citizens: CMS Data

Through July about 1.3 million with Medicare save on donut hole drug discounts; 18.9 million get free preventive care - links to info to help you save

Sept. 8, 2011 – More senior citizens and people with disabilities on Medicare are seeing a big drop in important health care costs because of provisions in the Affordable Care Act, according news today from the Centers for Medicare & Medicaid Services.

The savings are due to discounts on brand-name drugs in Medicare Part D changes to “donut hole” coverage and the new free preventive care added by the health care bill.

"Today's news confirms that the Affordable Care Act is saving money for millions of seniors and people with disabilities who are enrolled in Medicare," said CMS Administrator Donald M. Berwick, M.D.

 

Related Archive Stories

 
 

Medicare’s ABCs: Many Senior Citizens in Program for Years May Not Know Ins and Outs

Understanding the parts of Medicare matters, especially when it comes to premiums and enrollment; below are the basics

By Ron Pollack, Executive Director, Families USA

Aug. 31, 2011

Medicare Advantage Programs Overwhelm Senior Citizens with Complex Choices

Elderly often have to sift through dozens of options; those with cognitive problems might benefit most from MA - Aug. 18, 2011


 
 

Read the latest news
> Medicare
> Senior Politics
>
Today's Headlines

> Medicare Drug Program prior to 2009

 

"These new benefits are encouraging patients to talk to their doctors about their care, and to get the preventive services they need.”

So far this year, over 18.9 million people enrolled in traditional Medicare have used preventive services with no cost to them. Many of these services will help prevent chronic diseases that can cost Medicare billions to treat.

Also, thanks to the Affordable Care Act, more Americans on Medicare are getting help affording prescription drugs -- nearly 1.3 million people have received a 50 percent discount on their brand name prescription drugs when they hit the donut hole, saving a total of $660 million so far this year.

For people who hit the coverage gap (known as the “donut hole”):

   ● 1.28 million have received discounts on brand-name drugs this year through the end of July, up from 899,000 through the end of June and 478,000 through the end of May;

   ● These discounts have totaled $660 million in savings for seniors and people with disabilities so far this year; up from $462 million through June and $260 million through May;

   ● Individuals who have received this discount saved an average of $517 so far this year.

In addition, today CMS announced that more seniors are taking advantage of preventive services, most of which are available at no cost to them:

   ● 18,907,851 people with Original Medicare, or 55.6 percent of those enrolled in the program, received one or more free preventive services this year, through the end of August.

   ● During the same time period, 1,295,373 Americans with Original Medicare have taken advantage of the new Annual Wellness Visit, up from 1.06 million through the end of July and 780,000 through mid-June.

Donut Hole Benefits for Next 10 Years

What additional discounts and savings will I have over time in the coverage gap?

Over the next 10 years, you pay less in the coverage gap until it’s closed by 2020. By 2020, you will pay only 25% for covered brand-name and generic drugs during the gap, the same percentage you pay from the time you meet the deductible (if your plan has one) until you reach the out-of-pocket spending limit (up to $4,550 in 2011).

Year

You Will Pay This Percentage for Brand-name Drugs in the Coverage Gap

You Will Pay This Percentage for Generic Drugs in the Coverage Gap

2011

50%

93%

2012

50%

86%

2013

47.5%

79%

2014

47.5%

72%

2015

45%

65%

2016

45%

58%

2017

40%

51%

2018

35%

44%

2019

30%

37%

2020

25%

25%

More information in “Closing the Coverage Gap— Medicare Prescription Drugs Are Becoming More Affordable”

Under the Affordable Care Act, people with Original Medicare can receive recommended preventive benefits and a new Annual Wellness Visit without paying a co-payment or any cost-sharing.

Share the News, Share the Health!

In June, Medicare launched Share the News. Share the Health!, a campaign to raise awareness about the importance of prevention for people with Medicare and their health care providers.

As part of the campaign, television and radio public service announcements are airing nationwide and regional events are being held around the country to make sure Medicare beneficiaries know that these services are available to them.

CMS has reached out to doctors through a “Prevention Advisory,” and other health care provider-directed materials on Medscape, a respected website for continuing medical education.

State, County, Zip Coverage Gap Discount Program

Since the Coverage Gap Discount Program began on January 1, 2011, CMS has been analyzing Prescription Drug Event (PDE) data to understand how many discounts have been provided in the coverage gap and for which classes of prescription drugs.

The "Coverage Gap Discount Data Spreadsheet" contains three documents.

The first document shows the total number of beneficiaries (by state) receiving a gap discount, the total gap discount amount, the average gap discount amount by beneficiary, and the count of PDEs with a gap discount. Click to this spreadsheet.

For What Problems Are People in Donut Hole Buying Drugs?

CMS chart of activity for first half of 2011 shows amounts being spent by Medicare participants in donut hole to treat various problems.

(click chart for larger view)

The second document shows the year-to-date coverage gap discount data by zip code with the city name, county name, and state included. The third document shows the year-to-date coverage gap discount data by county code with the state and county names included.

The final document "Total Coverage Gap Discount Amount by Drug Therapeutic Use" under "Downloads" is a pie chart showing the total coverage gap discount amount by drug therapeutic use.

>> For state-by-state information on the number of people who are benefiting from this discount in 2011, Click

More Links:

>> For more information about how the Affordable Care Act closes the donut hole over time, Click

>> For state-by-state information on utilization of free preventive services and the Annual Wellness Visit

>> For more information on Medicare’s Share the News. Share the Health! prevention campaign or call 1-800-MEDICARE.

More Helpful Information from Medicare

Your Guide to Preventive Services

Staying Healthy

Are You Up-To-Date on Your Preventive Services?

Welcome to Medicare Preventive Visit–6 Things You Should Know

Welcome to Medicare Preventive Visit–Q&A

Women and Heart Disease

Questions to Ask About Medicare Preventive Services

Welcome to Medicare - Question & Answers

6 Things You Need to Know About the “Welcome to Medicare” Preventive Visit

 

Financial Relief for Volkswagen Diesel Owners

You may be eligible for money damages if you owned or leased one of these VW, Porsche or Audi vehicles.

In the major scandal of 2015, Volkswagen cheated you and the world. They rigged diesel emission controls so you, nor regulators, would know how much pollution their cars were adding to our environment.

They were caught and have reserved $7.3 billion to help "make it right" with victims.

If you owned or leased one of these vehicles, contact us now.

 Beth Janicek, Board Certified Personal Injury Attorney Janicek Law attorneys are actively pursuing these cases against VW. Do Not Wait...

Janicek Law Firm, PC

Free Consultation

(Call toll free)

1-877-795-3425 or Email

Vehicles Involved

VW Jetta (2009–2015)

VW Jetta SportWagen (2009–2014)

VW Golf (2010-2015)

VW Golf SportWagen (2015)

VW Beetle (2012–2015)

VW Passat (2012-2015)

Audi A3 (2010-2015)

VW Touareg (2009–2016)

Porsche Cayenne (2015)

Audi A6, A7, A8, Q5 Quattro (2016)

 

Search for more about this topic on SeniorJournal.com

Google Web SeniorJournal.com

Keep up with the latest news for senior citizens, baby boomers

Click to More Senior News on the Front Page

Copyright: SeniorJournal.com

    

 

Published by New Tech Media - www.NewTechMedia.com

Other New Tech Media sites include CaroleSutherland.com, BethJanicek.com, SASeniors.com, DrugDanger.com, etc.