Incidental Economist Weighs-in on JAMA Medicare Part D Study

Incidental Economist Weighs-in on JAMA Medicare Part D Study

08.09.11 | By

Austin Frakt over at the Incidental Economist weighs in on the recent JAMA study on the value of the Medicare Part D program. The JAMA study found that Part D saves Medicare about $1,200 per year in hospital, nursing home and other costs for each senior who previously lacked comprehensive prescription drug coverage. That means, according to other experts, about $12 billion per year in savings across Medicare.

We've written a lot about the JAMA study in recent weeks. It underscores how improved access and adherence to medicines among Part D beneficiaries may be contributing to their better health as well as reducing their need for more costly healthcare services like hospitalizations and long-term care. Dr. Frakt's deeper look at the study and what it means is worth reading.

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