HOME >> MEDICINE >> NEWS
Caution: New Medicare drug plan may cause headaches

CHAMPAIGN, Ill. -- If many seniors are scratching their heads about the new Medicare prescription drug plan, so are the experts.

"A prescription for confusion" is how Richard L. Kaplan, a professor of law at the University of Illinois, characterizes the new drug benefit, whose enrollment period begins today for Americans aged 65 years and older.

Kaplan describes the plan as "fashioned like no other pharmaceutical coverage in the world."

For starters, the program, known as Medicare Part D, will be administered by private insurance companies rather than the Social Security Administration, which handles hospitalization and doctor's bills under current Medicare coverage, known as Parts A and B.

This shift means that seniors must choose between drug plans with widely differing premiums, deductibles, co-payments and covered drugs. In Kansas, for example, Medicare beneficiaries have to shop for insurance among 40 plans from insurers such as Aetna, Humana and UnitedHealth Group, which charge premiums from $9.48 a month to $67.88 a month.

The plan's configuration reflects President George W. Bush's philosophy that competition from private insurers is more efficient than a government program. It also reflects the belief that "what older Americans want is a choice of plans rather than a single plan offering a choice of providers," Kaplan said in an interview. "But the array of options is so complex that many elders will be overwhelmed, as will attorneys and others who counsel older clients."

"Some seniors will need to take a laptop computer into their medicine cabinet to accurately compare alternatives," he added. Kaplan is a vice chair of the Elder Law Committee of the American Bar Association's Senior Lawyers Division and has written frequently about Medicare in scholarly publications.

Another unusual aspect of the new plan is that, while coverage is voluntary, seniors who delay enrollment will be subject to a penalty
'"/>

Contact: Mark Reutter, Business & Law Editor
mreutter@uiuc.edu
217-333-0568
University of Illinois at Urbana-Champaign
15-Nov-2005


Page: 1 2 3 4

Related medicine news :

1. Support for Childrens Health and Medicare Protection Act given to House leaders by ACP
2. ACP challenges Congress to make fundamental changes in Medicare payment policies
3. Marked departure in Medicare practice of paying physicians in Geriatric Care Improvement Act
4. Medicare payment cuts will accelerate primary care collapse
5. Study finds major variation in Medicare Rx drug costs
6. Medicare facing future bankruptcy: IEEE-USA Todays Engineer cites $30 trillion unfunded liability
7. UCSF pharmacy school receives major grant from Amgen Foundation for Medicare Part D outreach
8. Extra payments to Medicare Advantage plans totaled $5.2 billion over fee-for-service costs in 2005
9. Racial disparities high in Medicare plans
10. Ethnic disparities in Medicare claims?
11. ACP says Congress must take action to reform dysfunctional Medicare payment system

Post Your Comments:
*Name:
*Comment:
*Email:
TAG: Caution New Medicare drug plan may cause headaches

(Date:5/30/2015)... Promising clinical trial results presented at ... 2015 show activity of the investigational anti-cancer agent ONT-380 ... brain metastases and in another case in overall survival ... am thrilled to have been able to offer this ... didn't have any other great treatment options that we ...
(Date:5/30/2015)... 2015 On Thursday, May 14, ... Simone and Dr. Evan Alley both of the ... Mesothelioma Experts’ series. The interview was part of ... of excellence. Drs. Simone and Alley were interviewed ... with whom they discussed the mesothelioma program at ...
(Date:5/30/2015)... 2015 Nicole Blodgett, Vice President ... Associate (DIA) designation to further her expertise in ... designed for insurance advisors, health care professionals, and ... and expertise associated with the risk and the ... is only the latest accomplishment in Nicole's journey ...
(Date:5/30/2015)... San Luis Obispo, CA (PRWEB) May 30, 2015 ... Susan Polk announced today that she is offering a ... insurance. , The offer coincides with Disability Awareness ... Life Happens . Industry members across the United States ... as a time to raise awareness about the possibility ...
(Date:5/30/2015)... 2015 A live auction will be ... from hospitals, surgery centers and other medical facilities around ... sold including radiology, surgery, endoscopy, lab, anesthesia, exam and ... place Tuesday, June 2nd starting at 10:00am EDT. The ... 5025 North Hiatus Rd., Sunrise, FL 33351. Anyone ...
Breaking Medicine News(10 mins):Health News:ONT-380 has Stage IV HER2+ Breast Cancer Patient 'Worrying About Normal Stuff Again' 2Health News:ONT-380 has Stage IV HER2+ Breast Cancer Patient 'Worrying About Normal Stuff Again' 3Health News:Interview with Mesothelioma Experts, Drs. Simone and Alley Now Available on Demand 2Health News:Secura Consultants Expands Disability Insurance Expertise 2Health News:San Luis Obispo Insurance Agent Susan Polk Offering Complementary Insurance Analysis In Honor Of Disability Awareness Month 2Health News:Centurion to Sell Surplus Medical Equipment in Online and On-site Auction 2
(Date:5/29/2015)... -- Hologic, Inc. (NASDAQ: HOLX ) announced today that ... credit agreement consisting of a $1.5 billion senior Term ... Hologic has borrowed $0.175 billion against the new ... Loan to pay off the Company,s previous senior secured ... of $1.69 billion as of March 28, 2015.  As ...
(Date:5/29/2015)... Research and Markets ( http://www.researchandmarkets.com/research/64lx2w/north_america_mri ) has ... Market - Growth, Trends And Forecasts (2014 - 2019)" ... American MRI systems market is estimated to increase from ... by 2020 with a CAGR of 2.9% between 2014 ... the open system, closed system and the standing or ...
(Date:5/29/2015)... , May 28, 2015 Research and Markets ... "North America Open System MRI Market - Growth, ... their offering. The key players in the ... Healthcare, Siemens Healthcare and Toshiba Medical Systems ... is replacing CT because of its higher sensitivity and ...
Breaking Medicine Technology:Hologic Enters into Five-Year Secured Credit Agreement 2Hologic Enters into Five-Year Secured Credit Agreement 3North America MRI Market - Growth, Trends And Forecasts 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare & Toshiba Medical Systems Dominating 2North America Open System MRI Market 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare and Toshiba Medical Dominating 2
Cached News: