21 Jan Happy 10th birthday, Medicare Part D
Ten years since the passage of the law, Medicare Part D has surpassed expectations with a very high satisfaction rate among beneficiaries, and total Part D costs are on track to be 45 percent lower than initial estimates. Given the program’s record of success, Florida’s Medicare beneficiaries have a stake in protecting Part D from short-sighted policies that could undermine the program.
Looking forward to 2014, Florida has 35 Part D plans competing in the state, with premiums as low as about $12 monthly, and nearly half with no deductibles. Part D provides seniors and disabled Americans with access to affordable prescription drug coverage.