WASHINGTON (AP) — The Obama administration says it has good news for seniors: The average monthly premium for Medicare's popular prescription plan won't go up next year.
Medicare will share in the bonanza as a number of top-selling brand name drugs get generic competition.
Health and Human Services Secretary Kathleen Sebelius announced Thursday that the average premium for prescription coverage will be about $30 a month in 2012, hardly changed from $30.76 this year.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.