Posted on November 15, 2010 09:36
Categories: Special Populations | Medicare
Topics: Individual Coverage | Medicare | Out-of-Pocket | Prescription Drugs | Rates/Reimbursement
This report compares available stand-alone Part D plans, finding significant variation in access to drugs and out-of-pocket (OOP) costs.
From the report:
Medicare Part D drug plans use formularies (lists of covered drugs), cost sharing, and utilization management techniques to manage enrollees’ use of drugs. As a result, beneficiary access to and out-ofpocket costs for a particular drug can vary widely from one Part D plan to another. This Part D Data Spotlight examines coverage of top brand-name and specialty drugs. The analysis is based on the authors’ analysis of data from all national and near-national stand-alone prescription drug plans (PDPs) offered by Part D sponsors in 2010, representing 91 percent of all PDPs nationwide and about 87 percent of PDP enrollment.
Full Report: Coverage of Top Brand-Name and Specialty Drugs (PDF | 546 KB)
Kaiser Family Foundation. (2010). Coverage of top brand-name and specialty drugs. Hargravei, E., Hoadley, J., Summerii, L., Cubanski, J., and Neumaniii, T.
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