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Book Designing A Twenty First Century Medicare Prescription Drug Benefit  Serial No  108 25  April 8  2003

Download or read book Designing A Twenty First Century Medicare Prescription Drug Benefit Serial No 108 25 April 8 2003 written by United States. Congress. House. Committee on Commerce and published by . This book was released on 2003* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Designing a twenty first century Medicare prescription drug benefit

Download or read book Designing a twenty first century Medicare prescription drug benefit written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Health and published by . This book was released on 2003 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Designing a Twenty First Century Medicare Prescription Drug Benefit

Download or read book Designing a Twenty First Century Medicare Prescription Drug Benefit written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-02-12 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a twenty-first century Medicare prescription drug benefit : hearing before the Subcommittee on Health of the Committee on Energy and Commerce, House of Representatives, One Hundred Eighth Congress, first session, April 8, 2003.

Book Designing a twenty first century Medicare prescription drug benefit

Download or read book Designing a twenty first century Medicare prescription drug benefit written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Health and published by . This book was released on 2003 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book United States Congressional Serial Set  Serial No  14929  House Reports Nos  793 803

Download or read book United States Congressional Serial Set Serial No 14929 House Reports Nos 793 803 written by and published by Government Printing Office. This book was released on with total page 1378 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report on the Activity of the Committee on Energy and Commerce for the     Congress

Download or read book Report on the Activity of the Committee on Energy and Commerce for the Congress written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on 2005 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Legislative Calendar

    Book Details:
  • Author : United States. Congress. House. Committee on Energy and Commerce
  • Publisher :
  • Release :
  • ISBN :
  • Pages : 1124 pages

Download or read book Legislative Calendar written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on with total page 1124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Designing a Twenty first Century Medicare Prescription Drug Benefit

Download or read book Designing a Twenty first Century Medicare Prescription Drug Benefit written by Michael Bilirakis and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Issues in Designing a Prescription Drug Benefit for Medicare

Download or read book Issues in Designing a Prescription Drug Benefit for Medicare written by and published by . This book was released on 2002 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Medicare Prescription Drug and Modernization Act of 2003

Download or read book Medicare Prescription Drug and Modernization Act of 2003 written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on 2003 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Medicare Part D Prescription Drug Benefit

Download or read book Medicare Part D Prescription Drug Benefit written by Susanne M. Kirchhoff and published by Createspace Independent Publishing Platform. This book was released on 2016-11-11 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA, P.L. 108-173) established a voluntary, outpatient prescription drug benefit under Medicare Part D, effective January 1, 2006. Medicare Part D provides coverage through private prescription drugplans (PDPs) that offer only drug coverage, or through Medicare Advantage (MA) prescription drug plans (MA-PDs) that offer coverage as part of broader, managed care plans. Private drug plans participating in Part D bear some financial risk, though federal subsidies cover most program costs in an effort to encourage participation and keep benefits affordable. At a minimum, Medicare drug plans must offer a "standard coverage" package of benefits or alternative coverage that is actuarially equivalent to a standard plan. Plans also may offer enhanced benefits. Although all plans must meet certain minimum requirements, there can be significant differences among offerings in terms of benefit design, specific drugs included in formularies (i.e., list of covered drugs), cost sharing for particular drugs, or the level of monthlypremiums. In general, beneficiaries can enroll in a plan, or change plan enrollment, when they first become eligible for Medicare or during open enrollment periods each October 15 through December 7. For plan year 2016, there are between 19 and 29 PDPs in each of the nation's 34 PDP regions, as well as Medicare Advantage plans. Because sponsors are allowed to change planofferings from year to year, beneficiaries must review their annual choices carefully to select theplans that best meet their needs. A key element of the Part D program is enhanced coverage for low-income individuals. Personswith incomes up to 150% of the federal poverty level (FPL) and assets below set limits are eligible for extra assistance with Medicare Part D premiums and cost sharing. Individuals enrolled in both Medicare and Medicaid (so-called dual eligibles), and certain other low-incombeneficiaries, are automatically enrolled in no-premium plans, which are Part D plans that have premiums at or below specified levels. In 2015, about 39 million Medicare beneficiaries received prescription drug benefits through a PDP or an MA-PD, with almost one-third receiving a low-income subsidy. Another 2 million received drug assistance through a Part D-subsidized retiree health plan, and 8 million Medicare beneficiaries had separate, private drug coverage. Overall, about 88% of Medicare beneficiarieshad drug coverage through either PDP or MA-PD plans, retiree coverage, or private insurance ofcomparable scope. Total Part D expenditures were close to $90 billion in calendar year 2015. Medicare Part D has cost less than originally forecasted, due in part to lower-than-predicted enrollment and increased use of less expensive generic drugs. However, the Medicare Trustees project that spending on Part D benefits will accelerate over the next 10 years due to expectationof further increases in the number of enrollees, costs associated with the gradual elimination of the out-of-pocket cost coverage gap, changes in the distribution of enrollees among coverage categories, a slowing of the trend toward greater generic drug utilization, and an increase in the use and the prices of specialty drugs.

Book Issues in Designing a Prescription Drug Benefit for Medicare

Download or read book Issues in Designing a Prescription Drug Benefit for Medicare written by Congressional Budget Congressional Budget Office and published by CreateSpace. This book was released on 2014-11-15 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of lawmakers' highest health-related priorities is adding a prescription drug benefit to Medicare. Although that program gives older Americans broad insurance coverage for many health needs, it provides only limited coverage of drugs not dispensed during a hospital stay. That gap in coverage has become increasingly significant as prescription drugs have assumed greater importance in the treatment of disease and as spending for outpatient prescription drugs has soared. Designing a Medicare drug benefit is a complex task, however. The competing goals for such a benefit mean that policymakers must make trade-offs (such as between broad coverage or widespread enrollment and cost). They must consider many different design elements and how those elements might interact. And they must try to avoid various problems that arise in creating such a benefit. Ultimately, the choices that designers make will affect not only the cost of the benefit but a host of other factors, such as demand for and prices of prescription drugs, spending by other federal and state programs, and how various parts of the market for health insurance operate. The Congressional Budget Office (CBO) has had to wrestle with those issues in recent years to produce cost estimates of the various Medicare drug proposals debated in the Congress. This study summarizes the main design choices facing policymakers and explores the implications of those choices for cost and coverage. To illustrate the effect of those choices on cost, it also discusses CBO's cost estimates for four proposals that represent a broad array of designs for a Medicare drug benefit. For the sake of simplicity, this study focuses on a standalone drug benefit-one that would be a freestanding addition to Medicare rather than part of a broad effort to restructure the program. Broad reform proposals raise important policy issues but ones that are beyond the scope of this analysis.

Book Issues in Designing a Prescription Drug Benefit for Medicare

Download or read book Issues in Designing a Prescription Drug Benefit for Medicare written by Joseph Antos and published by . This book was released on 2002-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicare offers broad insurance protection for many health needs of the nation's elderly & disabled residents, but it provides no coverage for the costs of most outpatient prescription drugs (PD). As spending for those PD has soared in recent years, adding a PD benefit to Medicare has become a top health issue for lawmakers. This study discusses an approach to estimating the costs of various designs for a Medicare PD benefit. Describes the broad choices available to policymakers, some problems raised by particular design choices, & the implications of those choices for the cost of four specific proposals, which together cover a wide spectrum of approaches for delivering a Medicare PD benefit. Charts & tables.

Book Expanding Coverage of Prescription Drugs in Medicare

Download or read book Expanding Coverage of Prescription Drugs in Medicare written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2003 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Prescription Drugs

    Book Details:
  • Author : United States. Congress. House. Committee on Commerce. Subcommittee on Health and the Environment
  • Publisher :
  • Release : 2000
  • ISBN :
  • Pages : 160 pages

Download or read book Prescription Drugs written by United States. Congress. House. Committee on Commerce. Subcommittee on Health and the Environment and published by . This book was released on 2000 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: