Medicare Part D helps everyone, Elizabeth Tracey reports
Everyone benefits from Medicare Part D, a recent study in the Journal of the American Medical Association demonstrates. People who had previously had poor or non-existent prescription drug coverage were examined in comparison to those with generous coverage. Redonda Miller, vice president of medical affairs at Johns Hopkins, explains the findings.
MILLER: Lo and behold, they found that the total non-drug medical spending significantly declined after January 1, 2006, implementation of Part D. So not medication spending, all spending. And it was roughly $1200 a year, 11% decline. The folks who had a generous coverage, stayed roughly the same. It was an 11% decline relative to the group who had good coverage prior to the implementation of Part D. :30
As we examine our national budget closely, clearly Medicare part D should remain. At Johns Hopkins, I'm Elizabeth Tracey.