SENIOR JOURNAL.COM - Senior Citizens Information and News

Front Page    Search     Contact Us     Advertise in Senior Journal


SeniorJournal.com

INDEX


FRONT PAGE

PAGE TWO
More Headlines

 • General Features

 • Find Help

 • SENIOR ALERTS

 • Baby Boomers

 • Odds & Ends

Health-Fitness

 • Aging

 • Alzheimer's & Dementia

 • Fitness

 • Health/Medicine

 • Medical Research

 • Nutrition/Vitamin

Government

 • Politics

 • Medicare

 • Medicare Drug Program

 • Medicare Q&A - Dear Marci

 • Medicaid

 • Social Security

 • Social Security, Medicare Q&A

 • Social Security Reform

Enjoying Life

 • Books

 • Entertainment

 • Features

 • Grandparents

 • Senior Statistics

 • Senior Stars

 • Sex & Seniors

 • Sports

 • Travel

 • Senior Volunteers

On The Web

 • Links - Senior

 • Senior Friendly Business Links

 • Sites We Like

Elderly Issues

 • Elder Care

 • Assistance for Elderly

 • Housing

Money 

 • Discounts

 • Guarding Your Wealth for Seniors

 • Money Matters

 • Reverse Mortgage

 • Retirement

Thinking

 • Opinions



Senior Journal: Today's News and Information for Senior Citizens & Baby Boomers

More Senior Citizen News and Information Than Any Other Source - SeniorJournal.com

• Go to more on Medicare Drug Program or Medicare More Senior News on the Front Page

 

Click here to vitamins without a pill.


 
 

E-mail this page to a friend!

Medicare Drug Program News

Medicare Finds Many Improvements in Drug Plan Formularies for 2007

Issues information for those assisting in 'spreading the word'

October 23, 2006 – Medicare has issued information to organizations assisting with the communications to senior citizens about the drug program that indicates significant improvement in the lists of drugs (formularies) offered by the drug plans for 2007. Highlights include a 13 percent increase by stand-alone plans in the number of items and decrease in those with quantity limits. They also found in the stand-alone plans an 8 percent increase in the top 100 drugs that seniors use. There are also improvements in the Medicare Advantage plans.

 

Related Stories

 
 

Medicare's Improved Prescription Drug Plan Finder Web Tool Launches with 2007 Data

2007 Medicare & You handbooks also go into mail this month

October 13, 2006 – Medicare today officially launched the improvements and additions for 2007 in the Medicare Prescription Drug Plan Finder Web tool. The news release says the changes will make it easier for beneficiaries to get personalized information about their coverage options and costs for next year. The 2007 Medicare & You handbooks are also being mailed this month to all senior citizens. Read more...

Medicare Releases 2007 Drug Plans Available in Each State

Links below will take readers to their state plans available for enrollment Nov. 15

September 29, 2006 – The Medicare drug programs available for 2007 in each state were released today by the Centers for Medicare and Medicaid Services. Check the link in the sidebar on this page to find the information for your state. Open enrollment begins November 15. Those satisfied with their current plans do not have to take any action but CMS says in 2007 there are new options with lowers costs and more comprehensive coverage. Read more...

Medicare's Claim of No Price Hike in Drug Plans' Average Premium Challenged by Congressman

Rep. Waxman says average up 13.2%, some find increases as high as 44%

October 13, 2006 – The average premium for Medicare drug plans will be the same in 2007 as in 2006 - $24, according to the Centers for Medicare & Medicaid Services. Rep. Henry Waxman (D-Calif.) had his staff check the numbers and they say the average premium is more likely to be $29 – a 13.2% jump. Read more...

New Medicare Drug Plan Offerings for 2007 Get Positive Reviews

More plans, lower prices, more drugs, even more coverage in doughnut hole

October 2, 2006 – The new line-up of Medicare drug plans released on Friday received positive responses from most with critics focusing on the confusion of too many choices. What was grabbing the most attention were the increased number of national plans, lower premiums in many cases, more plans offering some coverage in the "doughnut hole," and more drugs added to the formularies. Read more...

Poll Finds Consumers Will Grab Generic Drug Discounts, Spurn Brand Names

Wal-Mart discounts being met by many competitors

October 20, 2006 – With Wal-Mart's expansion of its generic drug offer of $4 for a 30-day supply to 14 new states, the competition, even in the local markets, is stepping up to meet the challenge. And, all are likely to attract a big share of the prescription drug market away from brand name drugs, says a news poll. Read more...

 

Read more on Medicare Drug Program or Medicare

 

The Centers for Medicare & Medicaid Services says these organizations helping with the information process are "a key to helping people with Medicare maximize their benefits." They also assist with enrollment.

CMS says the groups extend the reach and impact of many programs aimed to improve the health and wellness of seniors, people with disabilities, and even their caregivers or employers.

Organizations interested in joining CMS in this effort can learn more by clicking here.

Following is the information issued by Medicare in "Medicare Part D 2007 Formulary Changes."

In 2007, Medicare is continuing to ensure that people with Medicare Prescription Drug Coverage can get the prescription drugs they need. Medicare reviews every Part D plan’s formulary and any subsequent changes to that formulary. If a person with Medicare is taking a Part D drug that is not on the plan’s formulary, a required transition period allows the person to get a temporary supply of the drug, while they arrange for an alternate prescription or ask for an exception.

How will Part D plan formularies change in 2007?

In 2007, people with Medicare will have greater access than ever before to the prescription drugs they need. Medicare compared the Part D plan formularies from 2006 to those being offered in 2007, and found the following results.

Stand-alone Prescription Drug Plans (PDPs)

• At least a 13 percent increase, on average, in the number of items (reference NDCs) on formularies (plan level, unweighted analysis)

• A slight decrease, on average, in the percentage of formulary items with quantity limit restrictions

• No change in prior authorization rates

• A small increase in the percentage of items that require step therapy Medicare Advantage Prescription Drug (MA-PD) Plans

• A greater than 10 percent increase on average, in the number of items (reference NDCs) on formularies (plan level, unweighted analysis)

• No change, on average, in the rates of prior authorization and quantity limits

• A slight increase in the rate of step therapy

What do the formularies show about the drugs seniors use most?

For the 2007 and 2006 formularies, Medicare compared the top 100 drugs that seniors use, in the top 10 enrollment plans in each PDP region. Medicare found that • For the stand-alone PDPs, there is an average increase of around 8 percent in the number of these top drugs on the formularies.

• For these top drugs in these top PDP plans, there was a small decrease in the number of drugs requiring prior authorization, and an increase in the drugs requiring step therapy and quantity limits.

• For the top 10 MA-PD enrollment plans in each region (i.e., within the states included in the defined PDP regions), there is an average increase of approximately 6 percent in the number of these top drugs on the formularies.

• For the top drugs in these MA-PD plans, there are slight increases in step therapy, prior authorization, and quantity limit requirements.

What is Utilization Management?

Utilization management includes special requirements like prior authorization, step therapy or quantity limits to better manage how prescription drugs are provided to people in the plan. Utilization management tools like these were used in 2006 Medicare Part D plan formularies and is common in commercial (private-sector) drug plans. Medicare reviews the utilization management requirements in each plan’s formulary to make sure they are appropriate.

Why is utilization management important?

These tools can protect people with Medicare and keep them safe. In 2007, prior authorization requirements were often added to drugs that may have safety concerns, especially for people with Medicare, such as amphetamine-type central nervous system stimulants.

Some plans commonly added step-therapy requirements to drugs to encourage people to try proven, cost-effective drugs first. Some plans added quantity limits to some drugs with safety concerns to make sure they are used in safe, recommended doses.

For example, prescription drugs used to treat some mental health conditions commonly have quantity limitations that are consistent with FDA-approved labeling. Others include drugs that could be abused or overused, such as drugs to treat severe pain.

The utilization management tools also are often necessary to bill Medicare correctly.

For example, some Part D plans added prior authorization in 2007 to drugs, such as total parenteral nutrition (TPN) products, that could be covered under Medicare Part B depending on the use and/or setting.

What transition help is available to people who are affected by formulary changes?

People with Medicare who are affected by formulary changes from 2006 to 2007 can make use of their plans’ transition processes or request exceptions. Transition processes are in place for the following:

• New plan enrollees starting on January 1, 2007

• Enrollees who are newly-eligible to Medicare joining a plan anytime in 2007

• People who transfer from other Part D plans (e.g., full benefit dual eligibles) joining anytime in 2007.

Plans may also provide transition processes for current enrollees who are affected negatively by formulary changes between 2006 and 2007. In general, these processes apply to non-formulary drugs and those drugs beneficiaries have accessed through the exceptions process in 2006. Transition supplies make sure that a person enrolled in the plan can get a temporary fill of the prescription they need. Plans will also send a transition notice to the enrollee within 3 business days of filling a transition supply.

This notice will include directions for finding a therapeutic equivalent drug that is on the formulary and a description of the steps to take to file a formulary exception.

Search for more about this topic on SeniorJournal.com

Google Web SeniorJournal.co

Click to More Senior News on the Front Page

Copyright: SeniorJournal.com

    

 

Published by New Tech Media - www.NewTechMedia.com

Other New Tech Media sites include CaroleSutherland.com, BethJanicek.com, www.DeweySquare.com, SASeniors.com, DrugDanger.com, etc.

E-mail - editor@SeniorJournal.com