Medicare Beneficiaries’ Drug Costs To Increase in 2009
Medicare beneficiaries enrolled in drug plans with the largest enrollments will pay on average 43% more in monthly premiums in 2009 than when the drug program launched in 2006, according to two analyses. Meanwhile, the government's drug spending on the program fell by 12% in the fiscal year that ended Sept. 30, mainly because of the increase in use of low-cost generic drugs.
- "Drug Costs for Seniors Growing" (Appleby, USA Today, 11/12).