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A first look at the new Medicare prescription drug plans.
Health Aff (Millwood). 2006 Jul-Aug; 25(4):W252-61.HA

Abstract

Medicare began offering an outpatient prescription drug benefit through private plans in January 2006. Using nationwide data, we examine the availability, costs, and benefits of regional and local plans offering these benefits to beneficiaries. Because they are an entirely new concept for Medicare, we focus on stand-alone prescription drug plans, comparing them with other Medicare health plans offering drug coverage. The infamous "doughnut hole" exists for all but a few of these plans. One national stand-alone drug plan, though, covers brand-name drugs with no gap. Variations in cost sharing and formularies provide beneficiaries with choices as well as complexity.

Authors+Show Affiliations

Veterans Affairs Boston Healthcare System in Boston, Massachusetts, USA. frakt@bu.eduNo affiliation info available

Pub Type(s)

Journal Article
Research Support, Non-U.S. Gov't

Language

eng

PubMed ID

16720588

Citation

Frakt, Austin B., and Steven D. Pizer. "A First Look at the New Medicare Prescription Drug Plans." Health Affairs (Project Hope), vol. 25, no. 4, 2006, pp. W252-61.
Frakt AB, Pizer SD. A first look at the new Medicare prescription drug plans. Health Aff (Millwood). 2006;25(4):W252-61.
Frakt, A. B., & Pizer, S. D. (2006). A first look at the new Medicare prescription drug plans. Health Affairs (Project Hope), 25(4), W252-61.
Frakt AB, Pizer SD. A First Look at the New Medicare Prescription Drug Plans. Health Aff (Millwood). 2006;25(4):W252-61. PubMed PMID: 16720588.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - A first look at the new Medicare prescription drug plans. AU - Frakt,Austin B, AU - Pizer,Steven D, Y1 - 2006/05/23/ PY - 2006/5/25/pubmed PY - 2006/10/6/medline PY - 2006/5/25/entrez SP - W252 EP - 61 JF - Health affairs (Project Hope) JO - Health Aff (Millwood) VL - 25 IS - 4 N2 - Medicare began offering an outpatient prescription drug benefit through private plans in January 2006. Using nationwide data, we examine the availability, costs, and benefits of regional and local plans offering these benefits to beneficiaries. Because they are an entirely new concept for Medicare, we focus on stand-alone prescription drug plans, comparing them with other Medicare health plans offering drug coverage. The infamous "doughnut hole" exists for all but a few of these plans. One national stand-alone drug plan, though, covers brand-name drugs with no gap. Variations in cost sharing and formularies provide beneficiaries with choices as well as complexity. SN - 1544-5208 UR - https://www.unboundmedicine.com/medline/citation/16720588/A_first_look_at_the_new_Medicare_prescription_drug_plans_ L2 - http://www.healthaffairs.org/doi/full/10.1377/hlthaff.25.w252?url_ver=Z39.88-2003&rfr_id=ori:rid:crossref.org&rfr_dat=cr_pub=pubmed DB - PRIME DP - Unbound Medicine ER -