,Changes in the Cost of Medicare Prescription Drug Plans, 2007-2008

Changes in the Cost of Medicare Prescription Drug Plans, 2007-2008


 

Publication Date:

Publisher: Center for Economic and Policy Research

Author(s): Joshua Lanier; Dean Baker

Research Area: Government

Keywords: Prescription drugs; Household income; Drug plans

Type: Brief

Coverage: United States

Abstract:

This issue brief analyzes the increase in Medicare Part D premiums over the past year and finds, on average, a 24.5 percent rise. It goes on to look at Medicare Part D statistics on a state-by-state basis to show trends that are not readily apparent based on the national data alone.