Out-of-pocket costs for Medicare recipients will rise in new year

(HealthDay)—Seniors on Medicare are going to take a hit to the pocketbook in 2020, with premiums and deductibles set to increase on coverage for medical services and prescription drugs. The standard monthly premium for Medicare Part B will rise $9.10, to $144 a month, the U.S. Centers for Medicare and Medicaid Services (CMS) announced. The annual deductible for Part B […]

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Higher out-of-pocket costs threaten universal health coverage in ‘missing middle’ nations

One in six countries is expected to have substantially high out-of-pocket spending as a proportion of total health expenditures by 2050, according to a new scientific study. As low-income countries increase their GDP, they often face the “missing middle” problem: As they receive less development assistance, they are not able to fill the resulting gap due to slower growth in […]

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New plan limits out-of-pocket costs for insulin

(HealthDay)—Out-of-pocket costs for insulin could be restricted to $25 a month for people under a drug benefit plan announced Wednesday by Express Scripts. The average monthly savings for workers whose employers adopt the plan would be about $16 a month, The New York Times reported. There is rising anger about steep rises in the cost of insulin in recent years. […]

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