Medicare drug price negotiations start, a potential help in Berkshire County where 16.5% are insured by Medicare

by Emma Sullivan | Feb 1, 2024 | Featured, Health & Science

WASHINGTON — In an effort to lower drug costs, Medicare will begin price negotiations with drug manufacturers on Thursday for the 10 most costly prescriptions covered by Medicare.  It marks the first step in historic negotiations under the Medicare Drug Price...

Health care spending has become ‘unsustainable,’ McMorris Rodgers says, as Congress presses for clearer pricing

by Simone Garber | Feb 1, 2024 | Featured, Health & Science

WASHINGTON – Health experts on Wednesday urged Congress to take more action to address the growing problem of unaffordable health care and deteriorating quality of care as spending is expected to continue to rise. Health care spending rates grew 4.1% to reach $4.5...

Senate Committee on Finance Addresses Deceptive Practices Plaguing Seniors Covered by Medicare Advantage Plans

by Julian Andreone | Oct 18, 2023 | Featured, Health & Science

WASHINGTON — Reform proposals targeting deceptive marketing practices that private insurance companies use against seniors and Americans with disabilities to turn profits appeared to receive broad bipartisan support from members of the Senate Committee on Finance in a...

All 10 manufacturers agree to Biden’s first run Medicare drug price negotiation program

by Luis Castaneda | Oct 5, 2023 | Featured, Health & Science

WASHINGTON – The Biden administration announced Tuesday that all 10 drug manufacturers it selected for the Medicare Drug Price Negotiations Program have agreed to participate. The drugs selected for the negotiations range from blood thinners like Eliquis and Xarelto;...

Senate lawmakers work to address Social Security and Medicare solvency

by Kate Walter | Feb 16, 2023 | Featured, Politics

WASHINGTON- In response to the Congressional Budget Office’s latest report and President Joe Biden accusing some Republicans of wanting to cut Social Security and Medicare benefits, talk of entitlement program reform has swept across the halls of Congress in recent...