Managed Care

 

How Medicare beneficiaries spend money on drugs

MANAGED CARE March 2002. © MediMedia USA
News and Commentary

How Medicare beneficiaries spend money on drugs

MANAGED CARE March 2002. ©MediMedia USA

Scroll down for text

Medicare seems to be a world where what's in flux is constantly colliding with what's locked in. HMOs scurry to escape locked-in federal capitation rates that health plans consider too low. On the fee-for-service side, the ever-fluctuating prices of pharmaceuticals collide with the locked-in, fixed incomes of the elderly.

The Kaiser Family Foundation notes that Medicare beneficiaries account for 14 percent of the U.S. population, but for 43 percent of the nation's spending on prescription drugs. Thirteen percent of beneficiaries had to pay $2,000 or more out of pocket in 2001.

What Medicare beneficiaries spent on prescription drugs, 2001

*Because of rounding, figures do not add to 100 percent.

SOURCE: KAISER FAMILY FOUNDATION, BASED ON REVISED 2001 CONGRESSIONAL BUDGET OFFICE ESTIMATES

Meetings

2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014
6th Semi-Annual Diagnostic Coverage and Reimbursement Conference Boston December 4–5, 2014
Customer Analytics & Engagement in Health Insurance Chicago December 4–5, 2014
Pharmaceutical and Biotech Clinical Quality Assurance Conference Alexandria, VA December 4–5, 2014
9th Semi-Annual Medical Device Coverage and Reimbursement Conference San Diego December 5, 2014
8th Annual Medical Device Clinical Trials Conference Chicago December 8–9, 2014
HealthIMPACT Southeast Tampa, FL January 23, 2015