9 out of 10 Seniors Forced to Pay Higher Premiums

2009 marks higher premium costs in Medicare Part D as seniors get poorer — and it’s too late to change plans.

Vancouver, B.C. (PRWEB) February 10, 2009 — Before Barack Obama took office, pharmaceutical companies took one last “kick at the can” to squeeze more money from American seniors. Despite the economic crisis that hit in 2008, premiums under Medicare Part D escalated an average of 25 percent in 2009. What’s more, if beneficiaries haven’t switched to a plan with lower premiums by now, it’s too late for this year. At a time when stock markets have plunged and retirement accounts have all but been wiped out, most seniors can ill afford higher Medicare premiums. Yet 9 out of 10 seniors are faced with them.

Read more here to see some Canadian Internet-based pharmacy intermediary helping to save 70%