tci Medicare Compliance & Reimbursement - 2004 Issue 37

Drug Benefit: CMS Posts Comparison Prices For Popular Drug Classes

Online tool enables beneficiaries to look up, compare prices.With the Sept. 15 launch of a new price-comparison feature on the Medicare Web site, Health and Human Services Secretary Tommy Thompson moved one modest step closer to his promised goal: a more transparent consumer marketplace for prescription drugs.Using the feature, beneficiaries can plug in the name of a drug they currently take for one of several common conditions and generate comparison price information about both brand-name and generic drugs that might be suitable substitutes. The feature is accessible on the Web at www.Medicare.gov or by phoning...

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