DEAR EDITOR:

This letter issues a subject that has been on my radar for years; it is going to have an effect on everybody: well being care and its value.

I just lately went on Medicare. I used to have conventional insurance coverage, which I don’t have anymore. I get therapy for Multiple Myeloma. There is not any remedy, however it may be efficiently managed. Myeloma therapy during the last 10 years or so has improved tremendously. We now have a combating likelihood to reside with this most cancers — in case you can afford it!

My earlier well being plan was gold. It paid for many of my care. Medicare and supplemental insurance coverage pales compared to what I used to have. These meds I would like value $40,000 apiece, per 30 days. My finish involves $34,000 a yr after insurance coverage. I saved cash over 40 years, however this may bleed me dry. (No pun supposed. MM is a blood most cancers). Add to which are different hospitalizations unexpected. To qualify for monetary help by the drug makers, you should be underneath the poverty line. Otherwise, I’m by myself. Congress has made it inconceivable for Medicare to barter decrease prices. Another trick is that if a pharmaceutical firm makes a refined change to their med, their patent rights start over once more. No different firms could make their model for an additional 10 years. In a phrase — monopoly. Everyone will face this to a point. This is a determinate to chapter. We have talked about this for years.

If it’s possible, take this severely. Buy right into a coverage for assisted care protection. AARP has mentioned 80 p.c of saved wealth will go towards our final years. assisted care facility is about $3,500 per 30 days, now. In coming a long time, who is aware of? It’s secure to say Congress just isn’t a lot involved. They have glorious medical insurance, I think about. We must insist on reform from Congress.

DINO HAIDARIS

Warren