Download or read book Medicare Part D Low Income Subsidy written by A. Bruce Steinwald and published by DIANE Publishing. This book was released on 2009-02 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help defray the cost of prescription drugs for beneficiaries with limited means, the Medicare Prescription, Improvement, and Modernization Act of 2003 included the low-income subsidy (LIS) in the Part D prescription drug insurance program. To qualify for the LIS, beneficiaries must be enrolled in a Part D plan and their assets and income must be less than the thresholds established by the law. This report focuses on beneficiaries¿ access to prescription drugs by examining: (1) the importance of assets and income in LIS denials in 2006 and 2007; and (2) state and manufacturer programs providing access to prescription drugs for Medicare beneficiaries. Charts and tables.
Download or read book Medicare Part D Low Income Subsidy SSA Continues to Approve Applicants But Millions of Individuals Have Not Yet Applied written by Barbara D. Bovbjerg and published by DIANE Publishing. This book was released on 2008-10 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help the elderly and disabled with prescription drug costs, the Congress passed the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (MMA), which created a voluntary outpatient prescription drug benefit (Medicare Part D). A key element of the prescription drug benefit is the low-income subsidy, or ¿extra help,¿ available to Medicare beneficiaries with limited income and resources to assist them in paying their premiums and other out-of-pocket costs. To assess the Social Security Admin¿s. implementation of the subsidy, this report provides info. on: (1) the number of applicants approved for or denied the low-income subsidy; and (2) challenges of identifying individuals eligible for the subsidy and targeting outreach efforts.
Download or read book Medicare Part D written by Kathleen M. King and published by DIANE Publishing. This book was released on 2012-10-10 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help defray out-of-pocket prescription drug costs for limited or low-income Medicare beneficiaries, the Medicare Part D outpatient prescription drug program offers a low-income subsidy (LIS) for eligible beneficiaries. In 2010, about 9.4 million beneficiaries received the LIS -- about 40%of the approx. 23 million Medicare Part D beneficiaries in that year. Most of the LIS beneficiaries received the full LIS, thus paying no premiums or deductibles as long as they enrolled in so-called "benchmark" stand-alone prescription drug plans (PDP). Benchmark PDPs are those plans with premiums at or below a specified benchmark for a given geographic region, calculated by the Centers for Medicare & Medicaid Services (CMS), the agency within the Dept. of Health and Human Services (HHS) that administers the Medicare program. Full LIS beneficiaries may also enroll in other Part D plans but must pay any difference between the premium of the plan in which they choose to enroll and the benchmark for their region. This report examines the features of benchmark PDPs and explores how the random reassignment process may affect beneficiaries' drug utilization. Tables. This is a print on demand report.
Download or read book Assessing the Design of the Low Income Subsidy Program in Medicare written by James R. Baumgardner and published by . This book was released on 2014-12-03 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The structure of the Medicare Part D prescription drug program generally encourages plan sponsors to submit low bids. However, rules in the program relating to low-income beneficiaries generate a different set of incentives for plans seeking to serve those beneficiaries. This report finds that over the first five years of the Part D program, two types of plans emerged -- those that catered primarily to beneficiaries receiving low-income subsidies (LIS plans) and those that catered primarily to standard beneficiaries (non-LIS plans). For each additional plan sponsor that entered the market, non-LIS basic plans reduced their bids by a statistically significant $0.40 to $0.70 (or .5%-.8%) per month of coverage, on average, while the bids of LIS plans did not repond in a statistically significant way. LIS plans were also more likely to increase their bids so that their premiums approached the maximum premium subsidy, called the low-income benchmark. Figures and tables. This is a print on demand report.
Download or read book Medicare Part D Prescription Drug Benefit written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2014 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimates of Potential Eligibility for Low income Subsidies Under Medicare written by Erik Meijer and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2003 Medicare Prescription Drug Improvement and Modernization Act (Pub. L. No. 108-173) added a new prescription drug benefit to the Medicare program known as Part D (prescription drug coverage), as well as the Low-Income Subsidy (LIS) program to provide "extra help" with premiums, deductibles, and copayments for Medicare Part D beneficiaries with low income and limited assets. This analysis was designed to provide an independent estimate of the LIS-eligible population as of 2006, to examine the robustness of the estimate against alternative assumptions and estimation methods, to examine the characteristics of the LIS-eligible population, and to project the size of the LIS-eligible population to 2008. An estimated 12 million persons, or 29 percent of Medicare beneficiaries, were potentially eligible for the LIS in 2006 and most were eligible for the full subsidy. The eligibility rate is higher for the under-age-65 population and for those in nursing homes. There is considerable uncertainty around the estimated number of LIS eligibles, however, due to differences in the two main data sources employed, the Survey of Income and Program Participation and the Health and Retirement Study.
Download or read book Medicare Part D Low Income Subsidy written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-16 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicare Part D Low-Income Subsidy: Assets and Income Are Both Important in Subsidy Denials, and Access to State and Manufacturer Drug Programs Is Uneven
Download or read book Medicare Part D written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Part D is it working for lowincome seniors hearing written by and published by DIANE Publishing. This book was released on with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Part D Low income Subsidy written by Barbara D. Bovbjerg and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Part D Low income Subsidy written by United States. Government Accountability Office and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Savings Programs and Low Income Subsidy written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Health and published by . This book was released on 2008 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicare Part D Low Income Subsidy written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-17 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicare Part D Low-Income Subsidy: Progress Made in Approving Applications, but Ability to Identify Remaining Individuals Is Limited
Download or read book Medicare Part D Low Income Subsidy written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-22 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicare Part D Low-Income Subsidy: Additional Efforts Would Help Social Security Improve Outreach and Measure Program Effects
Download or read book Medicare Part D Low Income Subsidy written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-21 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicare Part D Low-Income Subsidy: SSA Continues to Approve Applicants, but Millions of Individuals Have Not Yet Applied
Download or read book Rare Diseases and Orphan Products written by Institute of Medicine and published by National Academies Press. This book was released on 2011-04-03 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rare diseases collectively affect millions of Americans of all ages, but developing drugs and medical devices to prevent, diagnose, and treat these conditions is challenging. The Institute of Medicine (IOM) recommends implementing an integrated national strategy to promote rare diseases research and product development.
Download or read book Medicare Part D Low income Subsidy written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
