Crossing the Border for Drug Savings? 1 in 4 Adults Say It Is Difficult to Afford Their Prescription Drugs

Just like my last post about Medicare-for-all and utilization costs…   Foreign travel is an approach one advisor used to control costs for a self-funded client, securing a 6-month supply of medication for a fraction of the cost in the US.  Why are Democrats pushing Medicare-for-All when citizens can source prescription drugs for 70% less in other countries?  We are... Read More

October 21: National Check Your Meds Day

October 21 is National Check Your Meds Day. According to the CDC, 48.9% of the US population has used at least one prescription drug in the last 30 days.  Check out these resources from Consumer Reports: Guide: CR Best Drugs for Less Too Many Meds? America’s Love Affair with Prescription Medication Who Really Needs Cholesterol and Blood Pressure Drugs Some... Read More

June is National Safety Month

(Source) Injuries are a leading cause of disability for people of all ages — and they are the leading cause of death for Americans ages 1 to 44. The good news is everyone can get involved to help prevent injuries. This June, we encourage you to learn more about important safety issues like prescription painkiller abuse, transportation safety, and slips,... Read More

Compliance Alert: Creditable Coverage Reporting

Potomac Companies, washington, obamacare, health insurance, insurance, compliance, aca,
Is This Part of Your HR Checklist? Creditable Coverage Reporting   The Medicare Modernization Act (MMA) requires entities (whose policies include prescription drug coverage) to notify Medicare eligible policyholders whether their prescription drug coverage is creditable coverage, which means the coverage is expected to pay on average as much as the standard Medicare prescription drug coverage. For these entities, there... Read More

Generics and Smokeless Tobacco: The Facts

Potomac Companies, washington, obamacare, health insurance, insurance, compliance, aca,
There’s new research on how you should spend your money on medications and on products to help quit tobacco. Source Prescriptions The “Yelp of medicine” (TIME Magazine), a website called Iodine, recently showed through consumer data that patient satisfaction is about the same between generic and brand-name medicines.  One of the easiest ways to save money on prescriptions is to... Read More