Recent research conducted by healthcare professionals at Harvard University in Boston shows Medicare Part D is tied to reduced nondrug medical spending, according to a study published in the Journal of the American Medical Association.
For their study, the researchers compiled data from surveys and Medicare claims from 2004-2007 and compared costs before and after implementation of Medicare Part D. Results showed total nondrug medical spending was reduced by $306 after Part D implementation for beneficiaries with prior limited coverage. The reduction was associated by changes in spending for inpatient and nursing care.
Read the study about healthcare costs associated with Medicare.
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For their study, the researchers compiled data from surveys and Medicare claims from 2004-2007 and compared costs before and after implementation of Medicare Part D. Results showed total nondrug medical spending was reduced by $306 after Part D implementation for beneficiaries with prior limited coverage. The reduction was associated by changes in spending for inpatient and nursing care.
Read the study about healthcare costs associated with Medicare.
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