Medicare


Government announces surprising hike in Medicare Part B premiums

Yikes. As I was extolling the virtues of Social Security’s 5.9% COLA, the Centers for Medicare and Medicaid Services (CMS) announced that they were increasing the premium for Medicare Part B by 14.5%.   As a reminder, Medicare is composed of two programs. Part A, Hospital Insurance (HI), which covers inpatient hospital services, skilled nursing facilities, home healthcare, […]

Blue Cross Blue Shield of Illinois replacing Walgreens as pharmacy mail-order vendor for Medicare Prescription Drug Plan pharmacy mail-order vendor

Effective January 1, 2009, Prime Therapeutics will become the Medicare Prescription Drug Plan (PDP) pharmacy mail-order vendor for Blue Cross Blue Shield of Illinois plans, replacing Walgreens. Existing members who use the mail order program are being notified via letter of the change and efforts are underway to make the transition as seamless as possible. […]