Medicare patients overwhelmingly choose low-cost plans to meet their health needs, according to a new report.
Consulting firm Avalere Health reported that nearly 3 million beneficiaries are choosing low-premium plans with preferred pharmacy networks.
Analysts also said the Medicare Part D market is growing rapidly and has become quite competitive, which has kept the costs of the program under control. Premiums are also very stable, they say, increasingly slightly by about 2 percent on average.
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.
