As we come upon the 10th anniversary of the Medicare Part D program, is it still living up to its promise? What can be done to improve it?

phrma: 9/27/13

 

As we come upon the 10th anniversary of the Medicare Part D program, is it still living up to its promise? What can be done to improve it?

 

Anyone who has witnessed the success of the Medicare Part D prescription drug program during its first decade of existence would have to agree that the program has consistently exceeded expectations.  When it was first conceived, critics said insurers would be reluctant to participate.  Then, it was argued the program wouldn’t be affordable.  And when an ample number of plans did participate in each state, critics insisted that seniors would be confused by having so many offerings from which to choose. Read more