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Fewer Drugs to be covered under Medicare
Part D in 2008
According to
USA Today,
the 10 largest Medicare Part D insurers will
carry an average 26% fewer drugs next year.
Some beneficiaries will see decreases of
more than 1,000 prescription drugs covered.
While most beneficiaries will be able to
keep their current prescriptions through an
appeals process or find an alternate
treatment, 2.1 million low-income seniors
receiving Medicare subsidies may be
affected.
These beneficiaries will be automatically
switched to new insurers in 2008.
An analysis of Texas plans for program
enrollees found that these seniors will have
access to 14% fewer drugs than their current
providers will offer in 2008. Additionally,
the new plans will require prior
authorization on 50% more drugs than their
current policies will require next year.
"Medicare officials cited reasons including
drugs no longer being manufactured or being
considered 'less than effective' by the Food
and Drug Administration, but their
explanations do not explain all of the
reductions," said
Ruben Burks,
Secretary-Treasurer of the Alliance.
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