Health Headlines

News > Health > Health Headlines > Medicare drug premiums to rise for 2nd year

Medicare drug premiums to rise for 2nd year

WASHINGTON (AP) — Medicare says premiums for prescription drug plans will rise in 2015 for the second year in a row. Officials said Thursday that Medicare's average monthly drug premium will rise next year to $32. The modest increase of $1 a month comes amid worries over the future impact of costly new medications. Sovaldi, for example, cures hepatitis C but costs $1,000 a pill. Most Medicare beneficiaries have prescription drug coverage. But consumers should pay attention because the average premium says little about what any one person pays. Premiums change every year, so consumer advocates say beneficiaries should check their plan during open enrollment, from Oct. 15 to Dec. 7, and seek better deals if they're not satisfied. This year, the average premium also went up by $1, after three stable years.

Health Headlines

WASHINGTON (AP) — Amid the measles outbreak stemming from California, the White House is telling parents that...
NEW YORK (AP) — Some new evidence this is a particularly bad flu season: Flu-related hospitalizations of the...
NEW YORK (AP) — Embattled milk producers launched a social media campaign this week to rebuild public confidence...
WASHINGTON (AP) — Holding out the promise of major medical breakthroughs, President Barack Obama on Friday called...
WASHINGTON (AP) — President Barack Obama is calling for an investment to move away from one-size-fits-all-medicine...