Navigation Links
New Medicare Plan - Mixed Reaction among Pharmacists.

Pharmacists have mixed reaction about the new Medicare Prescription Drug Plan. The cost of prescription will be taken care by the Government Health Insurances for seniors. This is according to the Medicare // reform act.

wary This will result in the uninsured and a few people who buy medications from the Canadian pharmacy back top the market. There will an increase in the sales of drugs. But on the other hand the profit level of the many pharmacies will diminish greatly.

The business will be back but the cash flow and the reimbursements from the insurance companies will be affected.

In According to the present system the pharmacy received cash from Medicare recipients Because initially they did not cover medication bills except for some chemotherapeutic drugs. But now the Medicare will be paying initial cash payments which will be any amount less than $250.

There are currently 40 plans being offered in the state. The huge amount will be born by the insurance companies that come under Centers for Medicare & Medicaid Services (CMS). There are 16 insurance companies called the Pharmacy Benefit Managers (PBM).

The pharmacists are concerned that the reimbursement will be around 8 % less than the usual cost as the cost of the drugs will be determined by the insurance company.

Pharmacist will also not be availed of the benefits provided by the drug companies for filling prescriptions. All this will make matters worse for the pharmacist.

They are concerned about which plan their customers are going to prefer and only then they will know how badly they will be affected.

The insurance company will be paying by check and it will take around 2-4 weeks to be reimbursed. The pharmacist are preparing to build cash reserve in order to adjust the time of payments. This will be only during the period of decreased cash flow.

Once they get used to the system and know their profit margins then
'"/>




Page: 1 2

Related medicine news :

1. House heads for Medicare drug vote
2. Medicare Drug Deadline not to be extended
3. Medicare Data would help in Drug Validation
4. Medicare Queries Expected To Increase Over Time
5. Medicare to cover services provided by rural health care personnels.
6. Cancer test expenses taken up by Medicare
7. Nurse Practitioners Are Not Recognized By Medicare
8. Medicare Drug Plan Is Not Working in The US
9. Blue Cross Signs Up 110,000 Minnesotans For Part D Medicare Plans
10. Rising Medicare costs
11. Homecare Association Highlights Cost-Effectiveness of Medicare and Medicaid
Post Your Comments:
*Name:
*Comment:
*Email:
TAG: New Medicare Plan Mixed Reaction among Pharmacists

(Date:8/22/2014)... Recently, iFitDress.com, a well-known wedding dress manufacturer and retailer, ... gowns . In addition to this, the company’s sales ... provided with low shipping fees. , He says ... wedding gowns. In our online store, there are thousands ... from. What’s more, all of them are extremely beautiful. ...
(Date:8/22/2014)... Americans know little about how Ebola is transmitted and harbor ... United States, a new survey shows. About four in ... a major Ebola outbreak in the United States, and one-quarter ... get sick with the deadly virus in the next year, ... However, those opinions don,t match reality, the Harvard researchers ...
(Date:8/22/2014)... (PRWEB) August 22, 2014 Mi40x , ... university-proven research to show people how they can use a ... in only a matter of weeks has caught the attention ... Pakulski is one of the most well-known bodybuilders in the ... body he has today, that in itself is a testament ...
(Date:8/22/2014)... Paying tuition and other related educational expenses ... for four nurse educators pursuing advanced degrees, thanks to ... Foundation for Nursing Education . This year’s recipients – ... than in 2013, thanks to these named NLN Foundation ... Marcil Endowment Funds, both donated by Kathy Mershon; the ...
(Date:8/22/2014)... 2014 Mueller Sports Medicine is excited ... exciting new product that provides non-drug instant relief for ... while you heal. The package includes 7 days of ... technology – it is not kinesiology tape. It’s made ... System for Plantar Fasciitis is a breakthrough in ...
Breaking Medicine News(10 mins):Health News:Discounted Wedding Gowns For Sale At Leading Online Shop iFitDress.com 2Health News:Many Americans Harbor Unfounded Fears About Ebola Outbreak: Survey 2Health News:Mi40x: Review Exposes Ben Pakulski’s Guide to Packing on Lean Muscle Fast 2Health News:NLN Foundation for Nursing Education Announces 2014 Faculty Scholarship Awards 2Health News:NLN Foundation for Nursing Education Announces 2014 Faculty Scholarship Awards 3Health News:Mueller Introduces FasciaDerm® PFTape™ System for Plantar Fasciitis 2
... , , ... ... ... , , ...
... ... their use of mobile technology and their participation in online physician networking. Approximately ... most popular handheld device or smartphone is the Apple iPhone, with 31% of respondents ... ...
... Heavy screen time in youth means trouble by mid-40s, despite activity ... who watch more television in their 20s and 30s are more ... reach their mid-40s than people who spent less time in front ... worrisome enough for many, the worse news is that you can,t ...
... ... ... , , ... WHITE ...
... ... ... ... ...
... ... ... ... ...
Cached Medicine News:Health News:Statement from Larry Minnix, President & CEO, American Association of Homes and Services for the Aging, On the Therapy Cap Coalition Press Conference 2Health News:SDI Reports: Nearly a Third Of Physicians Use Handheld and Smartphone Devices to Access Medical Information - Physicians Most Likely to be Using Apple iPhone 2Health News:SDI Reports: Nearly a Third Of Physicians Use Handheld and Smartphone Devices to Access Medical Information - Physicians Most Likely to be Using Apple iPhone 3Health News:You Can't Exercise Away TV's Toll on the Heart 2Health News:You Can't Exercise Away TV's Toll on the Heart 3Health News:March of Dimes President Dr. Jennifer L. Howse Wins Prestigious Humanitarian Award 2Health News:March of Dimes President Dr. Jennifer L. Howse Wins Prestigious Humanitarian Award 3Health News:March of Dimes President Dr. Jennifer L. Howse Wins Prestigious Humanitarian Award 4Health News:Kaiser Permanente Completes Electronic Health Record Implementation 2Health News:Kaiser Permanente Completes Electronic Health Record Implementation 3Health News:Kaiser Permanente Completes Electronic Health Record Implementation 4Health News:Kaiser Permanente Completes Electronic Health Record Implementation 5Health News:Kaiser Permanente Completes Electronic Health Record Implementation 6Health News:Seattle Sutton's Healthy Eating Sponsoring The Biggest Loser Chicago Casting Call 2Health News:Seattle Sutton's Healthy Eating Sponsoring The Biggest Loser Chicago Casting Call 3Health News:Seattle Sutton's Healthy Eating Sponsoring The Biggest Loser Chicago Casting Call 4
(Date:8/22/2014)... Cali ., Aug. 22, 2014  Research presented ... that a therapy being developed by Hera Therapeutics Inc. combats ... 70 percent of all cervical cancer. When tested ... of HPV-16, HPV-18 and HPV-11 cells, according to Louise ... who presented the findings at the Seattle ...
(Date:8/22/2014)... 22, 2014  - ... Today Lincor announced general availability of MediaLINC ... delivers a range of education, entertainment and clinical content ... (Logo: http://photos.prnewswire.com/prnh/20140822/702945) , " Lincor ... care patient engagement to bedside smart devices, " comments ...
(Date:8/22/2014)... , Aug. 22, 2014  Landauer, Inc. (NYSE: ... and environmental radiation measurement and monitoring, outsourced medical physics ... that William E. Saxelby , its President and ... and Chief Executive Officer and as a member of ... 2014.  He will be replaced on an interim basis ...
Breaking Medicine Technology:Study shows Hera Therapeutics experimental compound shuts down human papillomavirus that causes most cervical cancer 2Lincor Unveils Next Generation TV-based Patient Engagement Solution 2Landauer, Inc. Announces Executive Management Change 2
... Test is a one step urine ... occured. This test can show a ... (FSH), which indicates whether menopause has ... use and in a few minutes, ...
... The female Fertell test is an easy to ... measures ovarian reserve by means of determining the ... in-stream urine sample. The test is performed two ... of the menstrual cycle) and is similar in ...
... System brings a wealth of benefits to healthcare ... ability to measure a complete lipid profile and ... it all in 5 minutes per test cassette ... quick product demo, click here ., ,The ...
The Lifestream Cholesterol Monitor provides you with a comprehensive tool to help you monitor your cholesterol as part of your wellness program. At a later date, you can purchase the other components...
Medicine Products: