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Medicare Rx Card "Rejected" By Seniors, Senate Dems Say, Citing Low Enrollment

This article was originally published in The Pink Sheet Daily

Executive Summary

Sen. Daschle says only about 500,000 out of 41 mil. eligible seniors have enrolled in discount cards marketed to the general Medicare population. Senate Democrats believe low response to card will provide impetus for legislation allowing drug importation and government negotiation of Medicare drug prices.

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CMS Report Highlights Drug Card Savings For Chronic Conditions

In an analysis of the best drug card prices for 23 drugs used to treat nine chronic conditions, CMS found that savings range from 10% to 75%, when compared to the national average retail monthly price. Treatment savings can also be attained with drug cards offering less-than-optimal discounts, the report says.

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Without "dramatic change" in manufacturer prices by the 2006 Medicare Rx benefit, "there's going to be hell to pay," WellPoint VP says.

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