|Statement||[written by David Gross and Normandy Brangan]|
|Series||Issue brief / AARP, Issue brief (Public Policy Institute (American Association of Retired Persons))|
|Contributions||Public Policy Institute (American Association of Retired Persons)|
|The Physical Object|
|Pagination||8 p. :|
For beneficiaries looking for coverage for their daily prescriptions, they may turn to either a Part D Prescription Drug Plan or Medicare Advantage plan Author: Justin Adsit. Background data regarding prescription drug use and access among Medicare beneficiaries are provided in this AARP Public Policy Institute Data Digest by David Gross. Topics include rising drug costs, out-of-pocket prescription drug spending, prescription drug coverage, lack of coverage's effect on medication use, and limitations of state efforts to provide . Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are plans with prescription drug coverage (MA Medicare beneficiaries can get their Medicare benefits through Original Medicare or a Medicare Advantage Plan. If beneficiaries have Original Medicare, the government pays for Medicare benefits when they get them. As shown in Figure 2, most beneficiaries who do not have drug coverage have supplemental insurance that covers other health care costs but does not include a prescription drug benefit. Of the estimated million beneficiaries who lack drug coverage: About one-fifth are in fee-for-service Medicare without any supplemental coverage.
Out-of-Pocket Spending on Prescription Drugs by Medicare beneficiaries, by Presence of Prescription Drug Coverage, Chronic Disease Caplan, Craig, and Normandy Brangan. Poisal J. et al.., “Prescription Drug Coverage and Spending for Medicare Beneficiaries,” Health Care Financing Review (Spring ): 15 – Medline, Google Scholar by: If you are enrolled in a Medicare plan with Part D prescription drug coverage, you may be eligible for financial Extra Help to assist with the payment of your prescription drug premiums and drug purchases. To see if you qualify for Extra Help, call: MEDICARE (). Medicare Part D, also called the Medicare prescription drug benefit, is an optional United States federal-government program to help Medicare beneficiaries pay for self-administered prescription drugs through prescription drug insurance premiums (the cost of almost all professionally administered prescriptions is covered under optional Part B of United States Medicare).
Using data from the Medicare Current Beneficiary Survey (MCBS), we examine changes in beneficiaries' prescription drug coverage from to and . program and prescription drug coverage for Medicare beneficiaries, including Part D. MedPAC began producing its annual Data Book at the suggestion of congressional staff. Some of the information it contains is derived from MedPAC’s March and June reports to the Congress; other information presented is unique to the Data Book. Medicare Part D is a government program that helps Medicare beneficiaries cover the cost of prescription drugs. To obtain Medicare prescription drug coverage, consumers must enroll individually in a plan offered by a private insurance company . Medicare Part D Prescription Drug Benefit Congressional Research Service Summary The Medicare Prescription Drug, Improvement, and Modernization Act of (MMA, P.L. ) established a voluntary, outpatient prescription drug benefit under Medicare Part D, effective January 1,