There Will Be Fewer Medicare Advantage Plan Offerings for 2014

As we head into the Annual Enrollment period for Medicare eligible people, they will ultimately find that in some areas, some Medicare Advantage plans have withdrawn some plans they previously offered.  This article is a good synopsis of what's happening in this marketplace:

View the article here . . .

October will be a very busy month!

Big Name Drugs to go Generic

Big-name drugs go generic

Some of the most popular prescription drugs are about to get a lot cheaper.  According to the mail-order pharmacy Medco, at least 22 prescribed medications may be available as generics in the next year.

When drug companies develop a drug the FDA usually grants them exclusive rights to market that drug for a set period of time.  When those rights expire, other companies can make the exact same drug.  Since there is competition, the generics are cheaper.  The FDA says the regulations are “designed to promote a balance between new drug innovation and generic drug competition.” 

Click the link to read the entire article from CNN -
http://thechart.blogs.cnn.com/2011/07/26/big-name-drugs-go-generic/