abc
QUICK LINKS:

Medicare Drug Premiums to Rise for 2nd Year

Updated: 07/31/2014 5:39 PM
Created: 07/31/2014 5:38 PM WDIO.com

WASHINGTON (AP) - Medicare says premiums for prescription drug plans will rise in 2015 for the second year in a row.

Officials said Thursday that Medicare's average monthly drug premium will rise next year to $32.

The modest increase of $1 a month comes amid worries over the future impact of costly new medications. Sovaldi, for example, cures hepatitis C but costs $1,000 a pill.

Most Medicare beneficiaries have prescription drug coverage.

But consumers should pay attention because the average premium says little about what any one person pays.

Premiums change every year, so consumer advocates say beneficiaries should check their plan during open enrollment, from Oct. 15 to Dec. 7, and seek better deals if they're not satisfied.

This year, the average premium also went up by $1, after three stable years.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Front Page

  • Citizens' Forum Discusses Recreation, Conservation of St. Louis River

    A citizens' forum at the Evergreen Senior Center Monday night offered many the chance to more about the restoration efforts along the St. Louis River western waterfront shoreline.

  • Experts Give Advice on Lightning Safety

    In summer's stormy months, lighting strikes are a threat in the Northland, June and July in particular. Experts say in the wake the three lighting strikes in the Northland, now is the time to make sure people are taking steps to protect themselves. 

     

  • Moose Lake School to Hold Groundbreaking on Saturday

    The Moose Lake superintendent said a groundbreaking for the city's new $34.7 million school will take place Saturday. 

  • Colorado Homicide Suspects Arrested in Cass County

    A man and woman accused of causing the death of their four-week-old infant in northwestern Colorado were arrested in Cass County on Monday.  Their baby daughter was found not breathing in an apartment on June 20.

  • Duluth Lightning Strike Victim's Condition Improves

    A 12-year-old boy's condition is improving after he was struck by lightning on Duluth's Enger Golf Course.  Nathan Burke was initially reported to be in critical condition after the lighting strike on Sunday afternoon, but Essentia Health-St. Mary's Medical Center said his condition had improved to fair by Monday afternoon.

 
Advertisement