| Medicare prescription drug coverage: consumer information and preferences. | |
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MedLine Citation:
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PMID: 16682629 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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We investigate prescription drug use, and information and enrollment intentions for the new Medicare Part D drug insurance program, using a sample of Medicare-eligible subjects surveyed before open enrollment began for this program. We find that, despite the complexity of competing plans offered by private insurers under Part D, a majority of the Medicare population had information on this program and a substantial majority planned to enroll. We find that virtually all elderly, even those with no current prescription drug use, can expect to benefit from enrollment in a Part D Standard plan at the low premiums available in the current market. However, there is a significant risk that many eligible seniors, particularly low-income elderly with poor health or cognitive impairment, will make poor enrollment and plan choices. |
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Authors:
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Joachim Winter; Rowilma Balza; Frank Caro; Florian Heiss; Byung-hill Jun; Rosa Matzkin; Daniel McFadden |
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Publication Detail:
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Type: Journal Article; Research Support, Non-U.S. Gov't Date: 2006-05-08 |
Journal Detail:
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Title: Proceedings of the National Academy of Sciences of the United States of America Volume: 103 ISSN: 0027-8424 ISO Abbreviation: Proc. Natl. Acad. Sci. U.S.A. Publication Date: 2006 May |
Date Detail:
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Created Date: 2006-05-17 Completed Date: 2006-07-28 Revised Date: 2009-11-18 |
Medline Journal Info:
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Nlm Unique ID: 7505876 Medline TA: Proc Natl Acad Sci U S A Country: United States |
Other Details:
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Languages: eng Pagination: 7929-34 Citation Subset: IM |
Affiliation:
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Department of Economics, University of Munich, D-80539 Munich, Germany. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Aged Centers for Medicare and Medicaid Services (U.S.) Consumer Satisfaction / economics* Decision Making Drug Costs Drug Prescriptions / economics* Female Health Care Surveys Humans Insurance Coverage Insurance, Pharmaceutical Services / economics, utilization* Male Medicare* / economics, utilization Private Sector United States |
| Comments/Corrections | |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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