Why Are Some Generic-Drug Prices Soaring?

Inexpensive generic drugs have helped millions of Americans save money on brand-name medication, but lately soaring prices on some longtime generics are prompting investigations into this pricing U-turn by pharmaceutical companies. In addition, a a new AARP drug-pricing report shows retail prices for brand-name prescription drugs continue to increase. The debate over some generic price hikes has spurred the Senate Subcommittee on Primary Health and Aging to hold a hearing to review pricing on a dozen generics, and the Department …

Time to Let the Sunshine In

By AARP Executive Vice President Debra Whitman, Ph.D. and AARP Director of Health Services Research Leigh Purvis Starting today, AARP members and consumers of all ages will be able to get a better idea of what may be driving their health care provider’s decisions thanks to the Physician Payments Sunshine Act, or Sunshine Act. The Sunshine Act requires drug and medical device manufacturers to publicly report virtually all payments, gifts, and other services provided to health care providers and teaching …

States’ Role in Limiting Inappropriate Use of Antipsychotic Meds in Nursing Homes

As nursing homes have moved away from using physical restraints, there is evidence that some institutions are substituting antipsychotic medications to sedate residents with behavior problems. Why is this a dangerous and inappropriate practice? Inappropriate use of antipsychotic drugs by nursing homes exposes elderly vulnerable people to increased risk of falls, delirium, stroke and death. In 2011, the Department of Health and Human Services inspector general testified before the Senate Aging Committee that antipsychotic drugs were being prescribed in “violation of …

Painkiller Death Rate Highest Among Older Adults

The rate of overdose deaths from powerful painkillers has nearly quadrupled since 1999, but new government figures show that since 2006, the rate of increase has finally slowed — except among older adults. According to a newly released Centers for Disease Control and Prevention (CDC) report, the rate of fatal overdoses from prescription painkillers is still highest among those ages 45 to 54, with the fastest increase in deaths over the past decade among those 55 to 64. In 2011, …

Pay Less for Your Prescription Drugs

By Nicole Duritz The dog days of August are the most likely time for Medicare Part D participants to fall into the “doughnut hole” and see their prescription costs rise. With AARP resources, you can see if you’re at risk of falling in, and find options for lowering your drug costs. The Doughnut Hole Each year, 19 percent of Medicare Part D beneficiaries fall into the doughnut hole. Once the amount of money you and your insurance company pay for …

Medicare Overpays $6.7 Billion for Patient Evaluation Services

Medicare spent $6.7 billion too much in 2010 by “inappropriately” paying claims from physicians who had submitted the wrong billing codes or no documentation at all for certain services, according to a new report from the inspector general of the U.S. Department of Health and Human Services (HHS). Although that amount was a small fraction of Medicare’s total spending of more than $525 billion in 2010, it still added up to 21 percent of what Medicare paid for all “evaluation …