TITLE

Price stability: No hike expected in Medicare drug plan averages

AUTHOR(S)
Zigmond, Jessica
PUB. DATE
August 2011
SOURCE
Modern Healthcare;8/8/2011, Vol. 41 Issue 32, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the average price of Medicare prescription drug premiums in 2012 will not increase according to the U.S. Department of Health and Human Services (HHS) as of August 2011. It estimates 17 million Americans or 51% of those with original Medicare have received preventive services at no cost from January through July. It cites competition among Medicare Part D plans, increased generic drug use and greater transparency for consumers as reasons for lower drug premiums in 2012.
ACCESSION #
64342343

 

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