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“Most favored nation” pricing model for certain drugs
According to a recent poll, three in four adults in the United States say the cost of medications is unaffordable. With drug prices in the U.S. higher than in other countries as much as 10 times, President Trump is expected…
Five minutes could make a difference
We all heard the myth about the memory of a goldfish: they have a three-second memory. This claim has permeated popular culture, becoming a common reference point for forgetfulness or a lack of attention. However, this claim has little to…
Increase anxiety and concern about Social Security
A recent poll by The Associated Press-NORC Center for Public Affairs Research found that 30 percent of individuals aged 60 and up said they were not confident about the availability of Social Security benefits. A similar poll conducted in 2023…
Should CMS monitor biosimilar coverage on formularies?
The U.S. Department of Health and Human Services Office of Inspector General (OIG) released a study that found many Medicare Part D formularies included Humira Biosimilars for 2025. Humira is one of the best-selling prescription drugs in the world. However,…
Is retirement just a concept?
Is retirement nonsense? Well, according to David Letterman, it is. Mr. Letterman said in a recent interview with GQ magazine, “You won’t retire, the human mechanism will not allow you to retire.” However, for many people, retirement is a luxury…
Four reasons not to take your benefits early
Many retirees are not sure when to begin their Social Security retirement benefits. If you start your benefit at age 62, you will receive a reduced amount; however, if you postpone taking your benefits from your full retirement age up…
PBMs and pharmacy closures
Those independent pharmacies, excluded from Medicare Part D networks, were more likely to close. A new research study conducted by USC demonstrated that pharmacy networks designed by pharmacy benefit managers (PBMs) are contributing to the growing problem of pharmacy closures.…
Best small town
As many individuals approach retirement, they may start looking at ways to stretch their retirement savings by relocating to another town or state where the cost of living, housing, and crime rates are lower. GoBankingRates recently released its list of…
The new Social Security commissioner
On Tuesday, the Senate confirmed Frank Bisignano in a 53-47 vote as the new Social Security commissioner. Mr. Bisignano, as the new commissioner, will be heading an agency that has been attacked by all sides for its inefficiencies. Lorie Konish,…
Original Medicare covers most but not all healthcare services
Medicare is the government health insurance program for adults 65 and older and individuals under 65 with certain disabilities. However, Medicare does have its drawbacks. Original Medicare covers most, but not all, of the costs for approved health care services…