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Medicare
Mental health patients face high out-of-pocket costs under Medicare Part D prescription benefit
July 4th, 2006
Elderly Americans with mental illness who opt into the Medicare Part D prescription drug benefit will spend up to four times more in out-of-pocket expenses than their privately insured counterparts. They will reach the plan's "doughnut hole" - the gap in coverage between $2,251 and $5,100 in drug payments - up to 2 months earlier than the average for all Medicare patients, according to a new study from Thomson Medstat, a business of The Thomson Corporation (TOC; TOC). The study, presented at the recent International Society for Pharmacoeconomics & Outcomes Research 11th Annual International Meeting, estimates the out-of-pocket costs of Medicare...
Source: Pharma Law Weekly (2006-07-04)
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