Part D negotiations

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Title: Part D negotiations

Essay Details:

Subject: Social Issues

Author:

Date: November 18, 2016

Level: University

Grade: C

Length: 4 / 950

Essay text:

With CMS actuaries predicting a total cost over the span of 2004-2013 to be 30% lower, $189 billion less, than originally predicted before implementation. All of these factors can be contributed back to the free market and allowing private plans to negotiate prices with the drug companies and providing more choices to the consumers. A poll of Medicare beneficiaries by J.D. Power and Associates found that 45% of the beneficiaries surveyed were "delighted" with the Medicare drug benefit. This group gave their drug plan a 10 on a 10 point-scale. And another 35% of those surveyed gave their plan a score of 8 or 9...

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