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No Increase for Medicare Prescription Drug Costs

Health & Medicine Policy Research Group (HMPRG)
August 9, 2012
For individuals with Medicare Part D insurance that covers prescription drugs, the U.S. Department of Health & Human Service projects a monthly $30 premium for 2013. This is roughly the same as the current monthly premium.

This good news for Medicare Part D beneficiaries is a result of increased use of generic drugs, greater pharmaceutical company competition, and the Affordable Care Act of 2010.