The whole point of having Medicare drug insurance is to protect against the unexpected, and we are finding a lot of unexpected cost increases and each time drug costs go up under these plans, seniors are pushed that much closer to the brink of the doughnut hole coverage gap.
Prescription price increases just show how important it is for Congress to require drug price negotiation to get the best deal for seniors, as well as offer a consistently priced, Medicare-administered drug plan in addition to the private plans.
Seniors and taxpayers deserve better Medicare drug insurance coverage and one that has the best possible price, they must see consistent prices throughout the year.
A new report from Consumers Union finds that it is getting harder and harder if not nearly impossible -- for Medicare beneficiaries to have confidence that their private Part D insurance plan will not change or increase prescription drug costs for the year they are locked into the plan.
For a copy of the full report, go to http://www.consumersunion.org.
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