Flat Medicare Drug Premiums Show That Choice and Competition Work
Yesterday, The U.S. Department of Health and Human Services released data on average premiums for Medicare Part D, also known as Medicare s prescription drug benefit. The average Medicare Part D premium in 2012, HHS projected, would be around $30.00, compared to the 2011 average of $30.76. The announcement was based on bids submitted by Part D plans for the 2012 plan year, HHS stated.Stop ...

Cost of Part D drug plans to decrease
WASHINGTON, Aug. 5 (UPI) -- Medicare beneficiaries will see the average price of Part D drug plans drop next year, even as U.S. health costs continue to increase, officials say.

Prescription Drug Premiums to Decline for Medicare Plan D
Prescription drug premiums will go down in 2012 for Medicare beneficiaries, the Obama administration announced Thursday. The decrease affects those covered under the Part D program. In the Part D program, seniors and others on Medicare can sign up to use a private, government-subsidized program to get their prescriptions. The program has proven to be cheaper than originally expected because of ...

Cost of Medicare's Part D drug plan is dropping
The government-subsidized prescription plan will cost seniors an average $30 a month in 2012, down from $30.76 this year. Even as health costs continue to rise, Medicare beneficiaries will see the average price of a Part D drug plan decline slightly next year, the Obama administration announced Thursday, offering some relief amid pressure to cut the federal health insurance program for the ...