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Published on FierceHealthcare (http://www.fiercehealthcare.com)

Medicare drug plan lower than expected

By anne
Created Aug 14 2008 - 12:48pm

While the Medicare drug plan is going up a trifle--from $3 to $28--it's actually not growing as quickly as officials had feared. In fact, the 2009 figure is 37 percent lower than originally projected when Part D coverage was introduced in 2003. The premium's slight increase is fueled by a growth in prescription drug costs, slightly-too-low 2008 premiums and higher-than-expected costs for catastrophic care. Article [1]


Source URL:
http://www.fiercehealthcare.com/story/spotlight-medicare-drug-plan-lower-expected/2008-08-15