tci Medicare Compliance & Reimbursement - 2005 Issue 44
PHARMACEUTICALS: Disaster Predicted If 2006 Part D Enrollment Is Low
Too many high-utilizing benes will drive up premiums for everyone.Premiums for Medicare prescription drug plans could skyrocket in 2007--if many low-utilizing beneficiaries decide against 2006 PDP enrollment, analysts reported at the recent National Medicare Prescription Drug Congress.If large numbers of beneficiaries pass on PDPs in 2006, the remaining benes will have to pick up a potentially monstrous tab the next year, according to the Kaiser Family Foundation's and Avalere Health's "The Impact of Enrollment in the Medicare Prescription Drug Benefit on Premiums.""If enrollment is less than expected, average premiums will increase. Premiums could rise [dramatically] if...
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