September 24, 2017 (512) 246-9955
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National Medicaid and Medicare Health Care Reform; Medicaid Part D Plans; Vice President Biden Speaks about Prescription Drug Doughnut Hole Coverage

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Texas Health Insurance – The cost of prescription drugs will be more affordable for them under new regulations. President Obama appointed Berwick without Senate confirmation and republicans are already stating that Berwick will institute “health care rationing”. Berwicks general plan is to implement a national health care bill that would expand Medicaid insurance to the poor and cut more than $400 billion in provider payments from the Medicare program for the elderly over a decade. The general goal is to lower overall health care and medical cost. Many Medicaid changes will not become active until 2014 but the overall cost of the system is designed and expected to be less than it currently is for existing Medicaid and Medicare enrollees. A recent report summarizing a past Medical Expenditure Panel Survey states that the forthcoming expansion is likely to attract more individuals that are less healthy but that over time, the additional enrollees’ health status will resemble existing Medicaid and Medicare enrollees and thus be less costly. Prescription drug coverage continues to be a heated topic of debate. Vice President Biden and Health and Human Services Secretary Kathleen Sebelius recently spoke to seniors and relayed to them that there would be a 50% discount on prescription drugs for those individuals that fall into the Medicare Part D “doughnut hole” beginning next year. This becomes effective in 2011 and will defray the cost of prescription drugs for seniors until new regulations become active over the next several years. Texas Health Insurance Quotes

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Justin Lawhorn
Justin Lawhorn
I have been in the insurance business since 2001 and had the fortunate opportunity to start my own agency in 2002 as an independent agent offering group health insurance, individual health, life, and dental insurance.
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