tci Medicare Compliance & Reimbursement - 2010 Issue 19

Industry News: Medicare Drug Plans Slated for Double-Digit Hikes in 2011

At least seven of the top 10 National plans will charge higher premiums. Millions of seniors are facing significant hikes in their Medicare prescription premiums next year, making shopping for cheaper coverage a necessity. New analysis of government data finds that premiums will go up an average of 10 percent among the top plans that have signed up some 70 percent of seniors, according to Avalere Health, a private research firm that crunched the numbers. (http://www.avalerehealth.net) Seniors will see some of the biggest changes since the Medicare prescription benefit became available in 2006, Avalere confirms. At present...

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