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If enacted, it would eliminate the disparity in out-of-pocket cost to patients between oral chemotherapy and IV injected or infused chemotherapies, making oral anti-cancer drugs more affordable.
Focus on the Estimated Annual Health and Drug Costs column (the sixth column), which shows your expected out-of-pocket costs for premiums, co-payments and other expenses for drugs and medical care, based on average health status for Medicare beneficiaries (or for people with poor health, if you changed the status in the refine search tool).
Correspondingly, the average out-of-pocket cost for a beneficiary taking Gleevec for the entire year could have been expected to rise from about $4,900 in 2006 to more than $6,300 in 2009.
According to a recent study, consumer-driven health plans (high-deductible plans combined with a savings account) generally require women to pay higher out-of-pocket costs for maternity care than do traditional insurance plans.
What is the net out-of-pocket cost that should be incurred over the next five years for each of the four options?
There's no question that increasing out-of-pocket costs for consumers makes consumers seek out cost information.
For the 2006 year, the company expects service revenue, excluding reimbursed out-of-pocket costs associated with client projects and programs, to be in the range of $325 to $330 million.
For example, a beneficiary who spends $3,000 a year on drugs and whose income is $15,400 would pay about 12% of annual income on out-of-pocket costs for drugs.