The Medicare Part D Low-Income Subsidy Program: Experience to Date and Policy Issues for Consideration
This policy brief examines the low-income subsidy program that provides premiums and cost-sharing assistance under Part D plans, documenting trends in both beneficiary and plan participation over time. With fewer plans available to low-income enrollees without having to pay a premium, and annual changes in those plans, the brief discusses challenges facing low-income Part D enrollees and strategies that could be used to increase the effectiveness of the subsidy program.
It was prepared for the Foundation by Laura Summer and Jack Hoadley of Georgetown University and Elizabeth Hargrave of NORC at the University of Chicago.
Policy Brief (.pdf)
also of interest
- To Switch or Be Switched: Examining Changes in Drug Plan Enrollment among Medicare Part D Low-Income Subsidy Enrollees
- A Primer on Medicare: Key Facts About the Medicare Program and the People it Covers
- Medicare at a Glance
- Raising Medicare Premiums for Higher-Income Beneficiaries: Assessing the Implications