CMS: Lower Part D drug costs expected in 2014

02/22/2013 | Reuters

Medicare prescription drug costs are expected to be flat or drop for enrollees next year, according to the CMS. "Premiums are driven by insurance plan estimates of what their average cost will be to treat a patient, so it's fair to say we're likely to see relatively flat premium growth next year," Georgetown University professor Jack Hoadley said. However, the "doughnut hole" will affect beneficiaries faster than before.

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