Navigation Links
Senior drug card saves little

Discount prescription drug cards now available to older Americans offer only meager savings, particularly in urban areas. The cards, which are marketed by private companies, charge seniors a modest fee, usually $12 to $25 per year, in exchange for discounts. But savings are minimal for many of the most popular name-brand drugs. //

On average, seniors in three large cities -- Washington, Chicago and Seattle -- see savings of 8.2 percent on 12 name-brand drugs bought with drug discount cards compared with buying retail. The savings were more significant -- close to twice as much -- in a rural area in Georgia.

The savings also were more significant for generic drugs. Drug discount programs charged an average 37 percent less than retail for generics. However, the price of generic versions are much lower to begin with, so seniors saved only a few dollars per prescription.

The cost of prescription drugs is crucial for many older people. Medicare, which provides health insurance to all Americans over age 65, does not cover prescription drugs used outside the hospital. Last year, Democrats and Republicans, including President Bush, campaigned for office with promises to add drug coverage to Medicare. So far no plan has made it even out of a congressional committee.

Still, even if the plan goes forward, the administration allows that the cards are no substitute for adding drug coverage to Medicare itself and helping to pay for it -- an expensive and complicated task.
'"/>




Page: 1

Related medicine news :

1. Reducing Depression In Seniors
2. Pet Project: Lifestyle Touch Ups for Senior Citizens and Their Beloved Pets
3. Senior Nurse Post Are under Risk of Job Cuts
4. Bush Tells Seniors Drug Plan Is A Good Deal
5. Depressed Seniors Resort to Nursing Homes
6. Another Senior Doctor From AIIMS Contemplates Leaving Due to Infighting
7. Senior Researcher Harassed In AIIMS
8. Boom In Sexually Transmitted Infections In Senior Scottish Citizens
9. HIV Infected Senior Citizens Suffer From Depression
10. New Nationwide Study on Leading Cause of Vision Loss for Seniors
11. Senior Citizens Advised to Sign up for Drug Plan 2007
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:5/2/2016)... MA (PRWEB) , ... May 02, 2016 , ... Pregnancy ... tips when trying to conceive. , “If you are ready to have ... Mache Seibel. “My book, HealthChequesTM: Journal Babies is your Personal Conception & Pregnancy ...
(Date:5/2/2016)... ... May 02, 2016 , ... TeleMedCo™, a new company ... automate and improve the rapid diagnosis, triage and admission of patients leveraging IBM ... and mobile experience for the first time at GENBAND’s Perspectives16 conference. , ...
(Date:5/2/2016)... (PRWEB) , ... May 02, 2016 , ... ... Research & Analytics EVP and GM Jim Callandrillo and Duane Reed, VP ... 55th Annual Pharmaceutical Business Intelligence and Research Group (PBIRG) General Meeting ...
(Date:5/2/2016)... ... May 02, 2016 , ... Atlantic Information Services, Inc. (AIS) is pleased ... Model Could Transform the Pharma Landscape .” CMS recently proposed a test of alternate ... provider-administered drugs while preserving care provided to beneficiaries. The webinar will review the details ...
(Date:5/2/2016)... , ... May 02, 2016 , ... For many artists, ... artist Curt Walter has developed it into a science. , Using the new, ... achieve subtly differentiated shades that add depth and meaning to his works. What’s more, ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... , April 28, 2016 ... Review, H1 2016" is a report that provides ... helps strengthen R&D pipelines by identifying new targets ... Company Profiles discussed in this H1 ... Farmaceutiche Riunite Srl, AbbVie Inc., Abiogen Pharma S.p.A., ...
(Date:4/27/2016)... le 27 Avril 2016 ... progressé de +5% sur le trimestre, soutenu par ... consommables  Croissance de +16% des ventes ... Mauna Kea Technologies (Euronext : MKEA, FR0010609263 ; OTCQX : ... laser, annonce aujourd,hui son chiffre d,affaires pour le ...
(Date:4/27/2016)... York , April 27, 2016 ... report titled, "Skincare Devices Market - Global Industry Analysis, ... According to the report, the global skincare devices market ... is anticipated to expand at a CAGR of 10.1% ... in 2023. Browse the full Skincare Devices Market ...
Breaking Medicine Technology: