TITLE

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

PUB. DATE
April 2007
SOURCE
Working Papers -- U.S. Federal Reserve Board's Finance & Economi;2007, p1
SOURCE TYPE
Working Paper
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
35789027

 

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