Bob Blancato on Medicare part D

The expansion of Medicare to include prescription medicines has made all the difference for seniors’ health and the overall success of the program has further been a boost for the Medicare programs own fiscal standing. When Part D was enacted in 2006, a positive shift occurred that enabled many older Americans to access needed treatments at a price they could afford. Part D continues to provide greater access and has extended and improved countless lives with affordable premiums and co-pays. We are once again in the midst of open enrollment for Medicare Part D and seniors across the country are weighing their options for a plan that best meets their needs. While the Part D program is still relatively new, older Americans are savvy shoppers and exercise great care and wisdom in their purchasing behavior. Identifying health care coverage requires the same due diligence that is applied to other activities, and with the window closing to choose or change one’s plan by December 7, now is the time to act. A recent survey found that nearly nine of ten seniors were satisfied with their Medicare Part D coverage. The same survey found an overwhelming majority of respondents, 86 percent, reporting satisfaction with their plans and that premiums and co-pays are affordable. Further, the findings noted, “two in three seniors (67 percent) say without Part D they would be unable to fill all of the prescriptions their doctors prescribe.” Further, the Part D program’s fiscal health ...
Source: PHRMA - Category: Pharmaceuticals Authors: Source Type: news