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Medicare Part D Prepares for Holiday Shopping Season

This article was originally published in RPM Report

Executive Summary

Most Medicare beneficiaries will have their first chance to change Part D plans on January 1. But will seniors really shop around? Most will have the chance to save money if they switch plans, but surveys suggest few will even consider moving. That is good news for managed care plans hoping to make Medicare pay in the long run--and for the government, which wants to prevent a repeat of the near-catastrophic start to Part D.

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Remember when the Democrats took over Congress and promised to do something about prescription drug prices under Part D? They didn't get very far, and they haven't been talking about it since. But when beneficiaries get ready to renew their Part D coverage in 2009-and see how much their costs are going up-there may be a lot more to talk about.

Medicare Rx in 2009: Re-Politicizing Drug Prices

Remember when the Democrats took over Congress and promised to do something about prescription drug prices under Part D? They didn't get very far, and they haven't been talking about it since. But when beneficiaries get ready to renew their Part D coverage in 2009-and see how much their costs are going up-there may be a lot more to talk about.

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