Tag: prior authorization
The Inflation Reduction Act signed by President Biden in 2022 somewhat limits how much retirees will pay out of their own pockets for medications this year. Next year, the law imposes a hard cap of $2,000. But while retirees are getting a reprieve from Congress, insurance companies are pushing in the opposite direction. According to…
Retirees tend to use mental health services less than the general population. On the bright side, people get happier as they age and may not need a therapist. However, treatment is also expensive, and retirees may be unaware that Medicare covers psychiatrists, psychologists, and in-patient and out-patient treatment. Retirees with Medicare Advantage insurance policies fac…
