So far in 2011, more than 18.9 million people enrolled in Medicare have used preventive services at no cost, the release said. Nearly 1.3 million beneficiaries have received a 50 percent discount on brand-name prescription drugs when they hit the Medicare Part D coverage gap, also known as the “donut hole.”
Discounts on the prescription drugs have saved a collective $660 million, and individuals who have received a discount have saved an average of $517 so far this year.
Related Articles on Medicare:
Webinar Discusses 6 Strategies to Offset Reductions in Medicare Reimbursement
Opportunities in the New Bundled Payment Initiative
HHS Publishes 2 Proposed Rules Regarding Affordable Health Coverage
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit