The Value Of Medicare Managed Care Plans and Their Prescription Drug Benefits

April 2007
Working Papers -- U.S. Federal Reserve Board's Finance & Economi;2007, p1
Working Paper
The article discusses the value of Medicare Managed Care Plans and its prescription drug benefits. It says that the gross and net welfare, which were provided by the Medicare managed care program from 1999 to 2002 were estimated. It mentions that 14.9 billion dollars of gross welfare every year were derived by Medicare beneficiaries from the Medicare health maintenance organization (HMO) program. Moreover, it provided a negative 10.3 billion dollar to 35.1 billion dollars of net welfare.


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