Medicares Prescription Drug Program : Competition Issues & Cost Trends
Book Details
Format
Hardback or Cased Book
ISBN-10
1634631226
ISBN-13
9781634631228
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Dec 1st, 2014
Print length
100 Pages
Weight
328 grams
Dimensions
16.10 x 23.80 x 1.30 cms
Product Classification:
Pharmacology
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The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (generally referred to as the Medicare Modernization Act, or MMA) substantially expanded the federal Medicare program by creating the prescription drug benefit known as Part D. In fiscal year 2013, Medicare Part D covered 39 million people. The federal government spent $59 billion net of premiums on Part D in that year; after accounting for certain payments from states under the program, the net federal cost was $50 billion, which represented 10 percent of net federal spending for Medicare. This book discusses the cost trends and competition issues of Medicare''s Prescription Drug Program.
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