skip to main content

Thursday, June 1, 2023

play newscast audioPlay

Alabamans urge a grocery tax reduction, a tape shows Trump knew about a classified document on Iran, Pennsylvania puts federal road funds to work and Minnesota's marijuana law will wipe away minor offenses.

play newscast audioPlay

Democrats say a wealth tax would help alleviate some national debt, lawmakers aim to continue pandemic-era funding for America's child care sector, and teachers say firearms at school will make students less safe.

play newscast audioPlay

Oregon may expand food stamp eligibility to some undocumented households, rural areas have a new method of accessing money for roads and bridges, and Tennessee's new online tool helps keep track of cemetery locations.

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
A new park, San Vicente Redwoods, opened up late last year near Santa Cruz, Calif., in an area previously ravaged by fire and logging. (Nadia Hamey)

Environment

play sound

This Saturday, June 3, thousands of Californians will be among hundreds of thousands of Americans heading into the great outdoors to celebrate …


Social Issues

play sound

A coalition of Wisconsin groups is asking Gov. Tony Evers to reject bills it contends would make it harder for people struggling to get by to bounce …

Social Issues

play sound

Two months from today, Minnesota will begin the process of removing low-level marijuana convictions for those who have them on their criminal records…


Alabama is one of only three states still applying its full state sales tax on the purchase of groceries and food items. (Adobe Stock)

Social Issues

play sound

Groups working to fight poverty in Alabama are urging state senators to approve a bill aimed at lowering food costs for families. House Bill 479 …

Social Issues

play sound

Navigating college can seem overwhelming for first generation students, but an early outreach program at Arizona State University aims to change it…

Nebraska was one of 10 states to further restrict abortion access in the 2023 legislative session. At least 48 bills were passed involving restrictions for LGBTQ+ individuals. (Yurii Kibalnik/Adobe Stock)

Health and Wellness

play sound

A new Nebraska law is now the subject of a lawsuit filed in the District Court of Lancaster County. In its amended form, Legislative Bill 574 …

Social Issues

play sound

A proposal from the federal government could provide a better path toward student loan debt repayment, but a new survey finds many borrowers don't …

Environment

play sound

Maine lawmakers are considering two pieces of legislation which supporters said are needed to ensure "responsible" development of offshore wind projec…

 

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