News Headlines Article

Specialty Drugs Can Prove Expensive Even With Medicare Coverage
National Public Radio

Medicare recipients who have arthritis, cancer or other complex conditions may find they have to pay thousands of dollars a year for their medications, even if their insurance plan covers most prescriptions.

For 2016 the out-of-pocket costs can reach as high as $11,538 for a single drug — far more than the maximum catastrophic threshold of $4,850 for Medicare beneficiaries, according to an analysis of Medicare Part D drug coverage released Tuesday by the Kaiser Family Foundation and Georgetown University’s Health Policy Institute.