skip to main content
skip to newscasts

Friday, September 22, 2023

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Consumer health advocates urge governor to sign bill package; NY protests for Jewish democracy heighten as Netanyahu meets UN today; Multiple Utah cities set to use ranked-choice voting in next election.

view newscast page
play newscast audioPlay

The Pentagon wants to help service members denied benefits under "Don't Ask, Don't Tell," advocates back a new federal office of gun violence prevention, and a top GOP member assures the Ukrainian president more help is coming.

view newscast page
play newscast audioPlay

An Indigenous project in South Dakota seeks to protect tribal data sovereignty, advocates in North Carolina are pushing back against attacks on public schools, and Arkansas wants the hungriest to have access to more fruits and veggies.

New Changes to Medicare Set to Benefit Georgia Seniors

play audio
Play

Wednesday, January 25, 2023   

Big changes are underway for Medicare participants, after historic legislation put them in motion this month.

More than 1.8 million Georgians who are Medicare enrollees will see lower-cost premiums and deductibles, and can save money on some prescription drugs.

Leigh Purvis, senior director of health care costs and access at the AARP Public Policy Institute, described a few of the changes.

"The first is that recommended vaccines will now be free for Medicare beneficiaries," Purvis pointed out. "The second is that insulin costs will now be limited to $35 per month for people who are in Medicare prescription drug plans. And the third is that drug companies are now going to be penalized for increasing their prices faster than the rate of inflation."

She explained Medicare "Part B" premiums are deducted from people's monthly Social Security payments. Since this year's Social Security's cost-of-living adjustment increased benefits by 8.7%, she noted people who are already enrolled in both programs will see more money in their pockets each month.

Purvis added more than 100,000 people in Georgia use insulin to manage their diabetes, and lowering the cost will help those who have struggled to afford insulin.

"As long as that insulin is covered by their prescription drug plan," Purvis explained. "That's really important because we know that previously, some people were facing, on average, monthly costs of around $50. And some people were paying more than $100. "

Purvis added this year, Medicare will start phasing in annual limits on how much people have to spend out of pocket on their prescriptions. As of 2025, the new limit will be $2,000 a year.

"And that is real savings, because we know that there are people out there who have been spending upwards of $10,000 per year on their prescription drugs," Purvis observed. "Now, people in Medicare prescription drug plans will have a relatively low and meaningful out-of-pocket limit on their prescription drug costs every year."

Medicare price negotiations will start with 10 drugs. People will learn what they are by this fall, and the negotiated prices will take effect in 2026. Medicare will add more drugs every year, and patients could see as many as 60 prescription drugs with negotiated prices by 2030.


get more stories like this via email
more stories
In 1981, the United Nations adopted a resolution encouraging the need for an International Day of Peace. The celebration was observed for the first time in 1982. (ananaline/Adobe Stock)

Social Issues

play sound

In cities across the globe, including the Michigan city of Midland, various organizations are commemorating International Day of Peace today…


Social Issues

play sound

Georgia's young people could shift the political landscape of the state in the near future. New data from the Brookings Institution indicates that …

Environment

play sound

In rural Alabama, where hurricanes and tornadoes are a constant threat, communities often struggle with damage and limited resources for extended …


Universities across the country are facing declining enrollment and increasing financial challenges. (Adobe Stock)

Social Issues

play sound

A group of West Virginia Democratic delegates is calling for a special session to address West Virginia University's budget shortfall. Del. Evan …

Social Issues

play sound

While many Wyomingites of Hispanic descent came from Mexico, there is a lesser-known population from the old Spanish settlements of northern New …

Social Issues

play sound

This week, feminism passes a milestone of sorts as the iconic publication, Ms. Magazine, looks back on its first fifty years. A new book has just …

Social Issues

play sound

A set of controversial reforms to Illinois' cash bail system went into effect this week, changing a decades-old system of holding people in jail …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021