Monday, February 06, 2006

Medicare Drug Costs Drop Substantially - Lower Costs Helping Beneficiaries, Taxpayers, States - USA. Medicare's new drug coverage will havesignificantly lower premiums and lower costs to federal taxpayers and states,as a result of stronger than expected competition in the prescription drugmarket and lower drug costs, CMS Administrator Mark B. McClellan, M.D., Ph.D,announced Thursday. Beneficiary premiums are now expected to average $25 a month -- down fromthe $37 projected in last July's budget estimates -- and the overall cost totaxpayers for 2006 will drop 20 percent over the July 2005 estimate, accordingto the CMS Office of the Actuary... click link for more info. [Medicare/Medicaid News From Medical News Today] 6:14:18 AM    comment []

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