With deadline near, tough choices on Medicare drug plans
As the deadline for switching Medicare health plans approaches, time is running out for seniors to avoid higher drug costs by shopping for different coverage.
Premiums are up next year in Minnesota for many with Medicare drug coverage. Beneficiaries also are facing higher deductibles at the pharmacy with some plans, plus higher costs if they don’t use designated drugstores.
Nationally, the federal government says big sticker prices for a few high-priced medications are adding significant sums to drug spending for Medicare beneficiaries overall.