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Reacting to skyrocketing prices for insulin, the Trump Administration announced on Tuesday a new benefit that would limit Medicare recipients’ copays for insulin to a maximum of $35 a month and save them about $446 a year if they have prescription plans that offer the benefit. Instead of the fluctuating copay amounts that are common […]
In insurance-speak, this is called a high-deductible health plan, or HDHP. Last year, 46% of Americans with employment-based insurance had an HDHP, which requires you to spend at least $1,350 annually before your plan contributes. Employers prefer HDHPs because they save both the company and their employees money. In the past few years, many companies […]