Medicare Prescription Drug Plans in 2009 and Key Changes Since 2006: Summary of Findings
Since 2006, Medicare beneficiaries have had access to prescription drug coverage
offered by private plans, either stand-alone prescription drug plans (PDPs) or
Medicare Advantage prescription drug plans (MA-PD plans). Today, more than 26
million Medicare beneficiaries are enrolled in Medicare drug plans, including
17.5 million in stand-alone prescription drug plans and 9 million in Medicare
Advantage drug plans.
This report summarizes findings from a series of
Medicare Part D 2009 Data Spotlights documenting changes in drug coverage and
costs since 2006. It presents key findings related to Medicare drug plan
premiums, the coverage gap, benefit design and cost sharing, the specialty tier,
formularies, and utilization management, based on data from the Centers for
Medicare & Medicaid Services (CMS) for all plans participating in Part D.
Issue Brief (.pdf)