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CMS announces new rules for Medicare Advantage plans that aim to protect sick beneficiaries from high out-of-pocket costs

CMS on Monday announced that insurers looking to offer Medicare Advantage plans this year must cap out-of-pocket charges and that the agency will eliminate MA plans that have 10 or fewer beneficiaries, the Wall Street Journal reports.

31 Mar 2009

Couples retiring this year need $240,000 to cover medical expenses

65-year-old retired couple this year would need $240,000 on average to cover medical expenses, according to a recent study by Fidelity Investments, the AP/Long Island Newsday reports.

31 Mar 2009

In lab supplements of lipoic acid lower triglyceride levels

Studies done with laboratory rats suggest that supplementation of their diet with lipoic acid had a significant effect in lowering triglycerides, which along with cholesterol levels and blood pressure are one of the key risk factors in cardiovascular disease.

30 Mar 2009

Wal-Mart in talks with several companies to expand prescription drug discount program for employees

Wal-Mart on Friday announced that it is in negotiations to expand to several other companies a generic drug purchasing pilot program it currently runs with Caterpillar, the Chicago Tribune reports.

30 Mar 2009

$78 billion spent for heart disease care in 2006

Opening blocked arteries, trying to keep heart attack victims alive, fixing defective heart valves, and treating other heart ailments cost $78 billion in 2006 - roughly 8 percent of the more than $1 trillion spent on all medical care for the community population, according to the latest News and Numbers from the Agency for Healthcare Research and Quality.

30 Mar 2009

HIV/AIDS advocates voice opposition to medication co-payments included in proposed New Jersey budget

People living with HIV/AIDS in New Jersey could be negatively affected by prescription drug co-payments included in Gov. Jon Corzine's (D) proposed $29.8 billion budget, advocates told state lawmakers on Tuesday, the Newark Star-Ledger reports.

30 Mar 2009

New York State to offer low-income, disabled residents prescription drug discount cards

New York state officials on Monday announced a statewide prescription drug discount card program for residents with disabilities, people who are too young to qualify for Medicare and those whose incomes are too high to qualify for Medicaid, the Rochester Democrat and Chronicle reports.

25 Mar 2009

CMS orders end to 'referral fees' to sales agents for Medicare Advantage plans

CMS has ordered private insurers to payment of "'referral fees' to sales agents who steer a beneficiary to a company for enrollment," Florida Health News reports.

25 Mar 2009

Drop in Walgreen profits reflects change in consumer prescription needs

Rising unemployment and other economic problems have led some consumers to delay filling prescriptions or cut pills in half, according to Walgreen executives, the Wall Street Journal reports.

24 Mar 2009

Federal Court rules FDA must reconsider Plan B decision

Today, the U.S. District Court for the Eastern District of New York rejected the Food and Drug Administration (FDA) decision to limit over-the-counter access to the emergency contraceptive Plan B to women over 18, ruling that it was based on politics and ideology, rather than science.

23 Mar 2009

Nationwide alert on tainted weight loss products

The U.S. Food and Drug Administration is expanding, for the second time, its nationwide alert to consumers about tainted weight loss products containing

22 Mar 2009

Medical costs for one premature baby could cover a dozen healthy births

The medical costs that businesses pay to care for one premature baby for a year could cover the costs for nearly a dozen healthy, full-term infants, according to new statistics from the March of Dimes.

17 Mar 2009

President Obama's insurance for children - shouldn't we at least talk about it?"

Democrats are moving quickly to socialize American health care with the SCHIP expansion. Michael Tanner of the CATO Institute whined, "Shouldn't we at least talk about it?"

16 Mar 2009

Extra medicare charges for the rich a slippery slope, expert says

A growing trend toward higher Medicare premiums for the richest Americans could ultimately creep into the retirement income of less-wealthy seniors, a University of Illinois expert on federal health insurance warns.

10 Mar 2009

Dorgan, McCain, Snowe introduce bill to allow prescription drug reimportation

Sens. Byron Dorgan (D-N.D.), John McCain (R-Ariz.) and Olympia Snowe (R-Maine) on Wednesday introduced a bill (S 525) that would allow the reimportation of lower-cost prescription drugs from other nations, Bloomberg reports.

5 Mar 2009

Supreme Court rules against Wyeth in pre-emption case

The U.S. Supreme Court on Wednesday ruled 6-3 that consumers harmed by an FDA-approved pharmaceutical product can sue the drugmaker for liability in state courts, the San Francisco Chronicle reports (Egelko, San Francisco Chronicle, 3/5).

5 Mar 2009

Obama hosts health care summit at White House

A White House health care summit hosted on Thursday by President Obama will enable attendees to discuss reform proposals for the U.S. health care system, the AP/Philadelphia Inquirer reports (Alonso-Zaldivar, AP/Philadelphia Inquirer, 3/5).

5 Mar 2009

Off-label drug uses wasting millions, raising health risks

A recent study in Oregon suggests that drugs designed for treating the most severe mental illnesses are often prescribed at inappropriately low doses and at considerable expense, for use in conditions where their benefit has not been established.

4 Mar 2009

Sen. Baucus hopes to introduce comprehensive health reform legislation this summer

Senate Finance Committee Chair Max Baucus (D-Mont.) on Tuesday said enacting comprehensive health reform this year is his "top priority," the Philadelphia Inquirer reports.

4 Mar 2009

Rhode Island Governor drops Medicaid consultant plans

Rhode Island Gov. Don Carcieri (R) has canceled plans to hire a private consulting firm to lead the state's massive Medicaid overhaul under the so-called "global Medicaid waiver," and instead will use a team of state employees to provide oversight, the Providence Journal reports (Peoples, Providence Journal, 3/3).

4 Mar 2009