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Weighing the Risks and Benefits of Each New Medication

December 20, 2022 By Insurance Experts Leave a Comment

Treating psoriatic arthritis (PsA) isn’t like treating strep throat. You don’t just take one medicine for a few days and feel better. PsA is a complex, chronic disease that stays with you and affects many parts of your body — skin, joints, nails, heart, and lungs.

Many medications slow PsA and relieve symptoms, but the first treatment you try won’t always be the right one for you. Click here to continue reading.

Filed Under: Medical Costs

Hearing Aids Are Now Available Over the Counter. What to Know Before Buying One

December 13, 2022 By Insurance Experts Leave a Comment

On Oct. 17, hearing aids approved by the U.S. Food and Drug Administration (FDA) became available over the counter for the first time, for potentially thousands of dollars less than prescription hearing aids. Many experts are hopeful that opening the market up will spur the creation of innovative new devices, bring down costs, and encourage hearing-aid use in a country where only a fraction of older adults who are hard of hearing use hearing aids.

Click here to read more. 

Filed Under: Health Insurance

Medicare Seeks to Cut Drug Costs for People in Part D Plans

December 6, 2022 By Insurance Experts Leave a Comment

The Biden administration said this week it intends to challenge insurance companies to deliver better service to people enrolled in Medicare, including applying discounts on drugs covered by Part D more directly to their pharmacy costs.

The Centers for Medicare and Medicaid Services (CMS) on Thursday unveiled a 360-page proposed rule that seeks many changes in how insurers manage their federal contracts. This proposed rule, for example, also would require insurers to show that they have enough contracted medical professionals when they want to create new Medicare Advantage plans or to expand existing ones.

Click here to continue reading. 

Filed Under: Medicare

Are Vitamins Covered by an FSA or HSA?

November 29, 2022 By Insurance Experts Leave a Comment

Vitamins are a common over-the-counter (OTC) product purchased by people to maintain good health. And while many vitamins and supplements do have health benefits, vitamins do not automatically qualify as an eligible medical expense under IRS rules. This makes purchasing them with a flexible spending account (FSA) or health savings account (HSA) tricky. But, you can buy your vitamins with FSA and HSA funds if certain criteria is met. Click here to read more. 

Filed Under: Health Insurance

Take the Pledge

November 22, 2022 By Insurance Experts Leave a Comment

Preventative screenings are an imporatnt part of women’s health. Take the pledge to to raise awareness about bone health! Click here to read more.

Filed Under: Health Insurance

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