Medical News

News > Health > Medical News > 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.

Medical News

NEW YORK (AP) — Health officials are celebrating some important victories in 2014, and Time magazine even named...
TOKYO (AP) — North Korea, never a country to take the threat of foreign invasion lightly, has been under virtual...
MONROVIA, Liberia (AP) — Polls opened Saturday morning in Liberia for a twice-delayed Senate vote amid concern the...
TOKYO (AP) — North Korea, never a country to take the threat of foreign invasion lightly, has been under virtual...
TRENTON, N.J. (AP) — Patients with chronic hepatitis C have a new option for treating the liver-damaging virus,...