Consumer Knowledge of the Impact of a Change in Prescription Drug Benefit Design

2005 ◽  
Vol 13 (6) ◽  
pp. 413-420 ◽  
Author(s):  
Roger Feldman ◽  
Jean Abraham ◽  
Linda Davis ◽  
Caroline Carlin
2004 ◽  
Vol 5 (2) ◽  
pp. 113-121
Author(s):  
Claudia Schlosberg

The Medicare Prescription Drug, Improvement and Modernization Act represents the most far-reaching and one of the most controversial reforms of the Medicare program since its enactment in 1965. The Act ushers in a new Medicare prescription drug benefit, revitalizes Medicare Advantage plans and promotes new approaches to care of Medicare beneficiaries with chronic illness. However, while the Act evidences a commitment to improving the care of beneficiaries with chronic illness, reform may prove elusive. The basic benefit design is daunting in its complexity and for certain beneficiaries, coverage may be less generous and less comprehensive than currently available coverage. To ensure appropriate transition and treatment for dual eligibles and others with chronic illness, both Congress and the Department of Health and Human Services must be prepared to address a number of important benefit design and operations issues and be willing to make mid-course corrections and adjustment as the process unfolds.


2007 ◽  
Vol 10 (2) ◽  
Author(s):  
Martin Gaynor ◽  
Jian Li ◽  
William B Vogt

Many U.S. employers have recently adopted less generous prescription drug benefits. In addition, in 2006 the U.S. began to offer prescription drug insurance to approximately 42 million Medicare beneficiaries. We used data on individual health insurance claims and benefit data from 1997 to 2003 to study how changes in consumers’ co-payments for prescription drugs affect use of and expenditure on prescription drugs, inpatient care, and outpatient care. We analyzed the effects both in the year of the co-payment change and in the year following the change. Our results show that increases in prescription drug prices reduce both use of and spending on prescription drugs. They also show that consumers substitute the use of outpatient care for prescription drug use and that about 35% of the expenditure reductions on prescription drugs are offset by increases in other spending.


2020 ◽  
Vol 60 (3) ◽  
pp. 456-461 ◽  
Author(s):  
Deborah L. Pestka ◽  
Alan J. Zillich ◽  
Antoinette B. Coe ◽  
Karen B. Farris ◽  
Omolola A. Adeoye ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document