Aetna and CVS/pharmacy announced the launch of a new co-branded Medicare Prescription Drug Plan.

Medicare beneficiaries who sign up for the plan and fill up their prescriptions at a CVS/pharmacy can pay a $3 copayment for favored generic prescriptions and save $10 on copayments for non-preferred generic and favored brand prescriptions. We are committed to providing value to our Medicare beneficiaries, and this new plan isn’t only affordable, it increases our members’ usage of one of the premier pharmacy chains in the United States, said John Chomeau, head of Aetna Medicare. With 75 percent of the united states population in the marketplaces where CVS/pharmacy operates living within 3 kilometers of a CVS drugstore, Medicare beneficiaries shall possess convenient access to the prescription drugs they need through this plan.Additionally, a recently available telephone city hall found a large number of Illinois members prepared to sign up for AARP in its combat to prevent Congress from traveling doctors out of Medicare. Medicare pays doctors through a system known as the Sustainable Development Rate formula. However, the operational system underestimated how much Medicare would spend on tests and methods for seniors, which caused physician fees to be decreased to stay within spending limits. Now, if Congress fails to block a twenty five % cut, Medicare will not be able to pay doctors what it costs to care for seniors.