Tag: Medicare

A Squared Away reader wrote recently that he and his wife saved $2,400 a year by paying cash for their medications. When a pharmacy sells a prescription drug to a customer, the health insurer reimburses the pharmacy at a negotiated rate that covers its cost for the drug, its dispensing fees, and any additiona…

The brief’s key findings are: The headline from the 2018 Trustees Report was an earlier depletion date for the Hospital Insurance (HI) trust fund, suggesting Medicare faces growing trouble. However, the trust fund reserves are small compared to HI expenditures, and the HI component only accounts for about a third of the Medicare system. In…