Sacramento Business Journal: California seniors save $952M on prescription drugs since 2010

Kathy RobertsonSenior Staff Writer-Sacramento Business Journal People on Medicare in California have saved $952 million on prescription drugs, thanks to the Affordable Care Act. More than $11.5 billion has been saved nationwide as the law gradually closes the “doughnut hole” in prescription drug coverage, federal officials announced Monday. In 2010, everyone with a Medicare prescription … Continue reading

California Healthline: Hearing Looks at High Cost of Medicine

by David Gorn “This is a time of great hope for many of us in health policy,” said Sen. Ed Hernandez (D-West Covina) at last week’s Senate Committee on Health hearing, “Making Health Care Affordable: Exploring California’s Efforts.” “To date, more than 2.3 million Californians have been added to Medi-Cal or the exchange,” Hernandez said. “These … Continue reading

NY Times: White House Withdraws Plan Allowing Limits to Medicare Coverage for Some Drugs

By ROBERT PEAR WASHINGTON — Under pressure from patients, pharmaceutical companies and members of Congress from both parties, the Obama administration on Monday withdrew a proposal that would have allowed insurers to limitMedicare coverage for certain classes of drugs, including those used to treatdepression and schizophrenia. Medicare officials had said the proposal would have saved money and reduced the … Continue reading

Sacramento Business Journal: Pharmacists brace for Medi-Cal cuts

The California Pharmacists Association and a national coalition of consumers, pharmacists and business interests is gearing up to stop Medi-Cal provider cuts.  Kathy Robertson Senior Staff Writer-Sacramento Business Journal   Looking into the new year, California pharmacists see red ink. The state’s long-litigated 10 percent Medi-Cal provider cut is slated to hit pharmacists Jan. 9, along … Continue reading

Kaiser Family Foundation: Medicare Part D: A First Look at Plan Offerings in 2014

Jack Hoadley, Juliette Cubanski, Elizabeth Hargrave and Laura Summer The Centers for Medicare & Medicaid Services (CMS) recently released information about the Medicare Part D stand-alone prescription drug plans (PDPs) that will be available in 2014.1   Of the 36 million beneficiaries enrolled in Part D plans, about 63 percent (22.7 million) are in PDPs; the others are … Continue reading

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