Medicare Part D Responsible For 60 Percent of Medicare’s Spending Slowdown | Health Policy Blog | NCPA.org

When Medicare added Part D, the prescription-drug benefit, via the Medicare Modernization Act (2003), its framers decided that every beneficiary would receive the benefit from a private plan, not from the government directly.

The benefits of this design continue to show themselves. In Health Affairs, Loren Adler and Alex Rosenberg conclude that the Part D benefit is responsible for 60 percent of the reduction in the rate of Medicare spending since 2011.

via Medicare Part D Responsible For 60 Percent of Medicare’s Spending Slowdown | Health Policy Blog | NCPA.org.

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