Navigation Links
Medicare Part D Preferred Pharmacy Networks Reducing Costs, Popular with Seniors
Date:2/9/2012

WASHINGTON, Feb. 9, 2012 /PRNewswire-USNewswire/ -- New 2012 Medicare Part D data released by the Centers for Medicare & Medicaid Services (CMS) show the growing popularity among Medicare Part D beneficiaries in choosing plans featuring lower cost preferred pharmacy network options. Enrollment in plans with preferred pharmacy networks has grown twice as fast as conventional plans and is offered by many of the largest Part D plan sponsors. Now almost a third of all beneficiaries are enrolled in a preferred pharmacy network plan, which can have premiums as low as $15 dollars a month and $0 dollar copays.

Pharmaceutical Care Management Association (PCMA) President and CEO Mark Merritt released the following statement on the new data:

"New CMS data, which shows that beneficiaries are flocking to lower cost Part D plans with competitive pharmacy networks, is great news for Medicare, seniors, and American taxpayers.

"Recent surveys confirm that 61 percent of employers say it is a good idea to allow employers to choose lower cost plans that exclude the most expensive drugstores from their coverage network, while more than four-fifths of insured adults are unwilling to pay higher premiums to gain access to more drugstores. Consumers want America's 60,000 pharmacies to compete for their business and are willing to reward those that offer lower prices.

"This new evidence is a stumbling block for special interests fighting to stop Part D plans from offering seniors the choice of lower cost, high performance pharmacy networks."

 


'/>"/>
SOURCE Pharmaceutical Care Management Association
Copyright©2010 PR Newswire.
All rights reserved

Page: 1

Related medicine technology :

1. Triple-S Salud and American Health Medicare Partner With MedAssurant
2. Pharmacists Ask Medicare to Help Seniors Complaining About Inadequate Pharmacy Access in Medicare Prescription Drug Plans
3. American Association of People With Disabilities and Consumer Advocates Strongly Oppose Medicare Wheelchair Policy That Will Harm Medicare Beneficiaries
4. Michigan Seniors and Disabled Population Face Restricted Access to Power Wheelchairs Unless Congress Stops New Medicare Program
5. Bipartisan Group of 22 House Members ask CMS to Stop Prepayment Review Project that would Jeopardize Care for Medicare Beneficiaries
6. Congress Asked to Stop Policy That Would Restrict Access to Mobility Assistance for Medicare Beneficiaries in New York
7. American Association for Homecare Urges Congress to Enact Market-Based Alternative to Medicares Bidding Program for Home Medical Equipment
8. Homecare Providers and Consumer Advocates Urge Congress to Stop Ineffective Medicare Payment Review Process for Mobility Equipment
9. New MediCare International Excess Options Give up to 50% Premium Discount
10. MiMedx Group Receives HCPCS C-Code from Medicare for EpiFix® Reimbursement
11. CVS/pharmacy Ready to Provide Assistance During Medicare Part D Annual Enrollment Period
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... -- Research and Markets has announced the addition of ... to their offering. ... The global fluoropolymer market in the healthcare industry to grow ... Global Fluoropolymer Market in the Healthcare Industry 2016-2020, has been ... experts. The report covers the market landscape and its growth prospects ...
(Date:1/17/2017)... , Jan. 17, 2017 Following an ... today praised the Food and Drug Administration,s (FDA,s) ... Human Drug Products by Pharmacies and Outsourcing Facilities." ... proposed limitation on pre-packaging -- which would have ... costs to long term care (LTC) pharmacies.  ...
(Date:1/17/2017)... ReportsnReports.com adds "Anaphylaxis - Pipeline Review, H2 2016" ... Anaphylaxis,s therapeutic pipeline with comprehensive information on the therapeutic development ... assessment by drug target, mechanism of action (MoA), route of ... featured news and press releases. ... Complete report on H2 2016 pipeline ...
Breaking Medicine Technology:
(Date:1/17/2017)... York (PRWEB) , ... January 17, 2017 , ... ... – SightMD – will lecture to primary eye care practitioners on the latest ... at the upcoming 13th Semi-Annual Continuing Education Symposium, according to eye surgeon, Jeffrey ...
(Date:1/17/2017)... , ... January 17, 2017 , ... ... financial planning assistance to families and business professionals throughout central Colorado, is joining ... homeless families. , The Aurora Warms The Night organization is committed to breaking ...
(Date:1/17/2017)... (PRWEB) , ... January 17, 2017 , ... ... and breast cancer survivor Sandra Lee as keynote speaker for the 34th Annual ... Florida. , In making the announcement, PER® president, Phil Talamo, said, “We are ...
(Date:1/17/2017)... ... January 17, 2017 , ... Today, FloSports , a ... announced a new agreement as part of a long-term extension of their media partnership. ... the airing of some of the sport’s premier events exclusively on FloWrestling.com as well ...
(Date:1/16/2017)... ... ... California Southern University has named Dr. Steven Beazley University President. ... a core faculty member, teaching master’s and doctoral courses in the university’s School of ... where he earned his Doctor of Psychology degree in 1998. Dr. Beazley also has ...
Breaking Medicine News(10 mins):