The Federal Government declared a COVID-19 public health emergency in January of 2020 and decreed many changes in healthcare and healthcare insurance to help people better cope with the pandemic. The Coronavirus Preparedness and Response Supplemental Appropriations Act of 2020 provided $6.7 billion for the federal and state governments to respond to the COVID epidemic in the United States. An additional $1.6 billion was included to contribute to the international response. The majority of the funds were used to control the virus in the form of research into treatment and prevention measures; keeping track of all aspects of the […]
Tag: Medicare
The Donut Hole is Closed!
The year 2019 is here, and there is some good news to those who have had experience with the Medicare Part D “donut hole.” Since the passage of the Affordable Care Act in 2010, the “donut hole” has been on track to close by 2020. Due to the passing of the Bipartisan Budget Act of 2018, which stopped last year’s nine-hour shutdown of the federal government, the Part D “donut hole” has actually closed a year ahead of schedule. Medicare, one of the publicly funded health insurance programs for people over 65 or people younger than 65 with a qualifying […]
National Health Center Week
This week is National Health Center Week. As healthcare has become more and more expensive, the need for low-cost healthcare has increased. Many people living in more rural parts of the country have a very limited number of options to see a doctor, and depending on their insurance status the number of available “in-network” doctors is even lower. Many people do not regularly see their doctor, only seeking healthcare when a more serious condition arises. It can be a stressful situation to be uninsured and have an unforeseen medical problem come up. This week is meant to celebrate and raise […]
Trump’s Speech on Drug Prices Boosts Pharmaceutical Stocks
President Donald Trump gave a speech about pharmaceutical drug prices last month. During his presidential campaign and leading up to his inauguration, he accused pharmaceutical companies with “getting away with murder” for what they charge patients for prescriptions and promised to enact reforms to lower drug prices. After sixteen months in office, his speech last month consisted of few proposals as opposed to proposing meaningful legislation or guidelines that could have an immediate effect on prescription costs and actually led to pharmaceutical stocks rising. Trump took aim at Pharmacy Benefit Managers (PBMs) who he referred to as “middlemen” who […]
State of Healthcare 2017
Health care in America was a constant subject of conversations in public venues and political forums in 2017. There has been confusion about health insurance, failed legislation, Executive Orders reversing Obamacare guidelines, tax plans affecting healthcare costs, and the failure to fund healthcare programs that cover millions of low-income Americans. People in the United States continue to count healthcare costs as a major concern. We at NeedyMeds prefer to remain apolitical, but it is difficult to avoid the partisan nature of the changes in health care in America since the Trump administration’s inauguration last year. Donald Trump ran on the […]