Medicare Proposes New Rules on 2006 Drug Benefit, Health Plans

by Jon Henshaw

Bloomberg reports:

Medicare said its proposed rules for its 2006 program to help the elderly afford prescription drugs will trim as much as 53 percent from patient drug costs, partly by getting discounts through pharmacy-benefit managers.

The regulations would implement the centerpiece of the Medicare law that will cost more than $400 billion over 10 years, which President George W. Bush signed in December. The new drug benefit would be offered starting in 2006, and private insurers such as Aetna Inc. would operate it for the government.

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This entry was posted on Tuesday, July 27th, 2004 at 2:20 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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