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Thursday, September 2, 2010

The Medicare Bureaucracy: Ready To Disrupt Seniors’ Drug Coverage

From the Foundry, “

If you like your health care plan you can keep it.” This was a mantra from President Obama throughout the health care debate. The President also promised that his health care overhaul would not affect seniors’ benefits...But, despite all the promises, a new report from Avalere Health shows that, in addition to the upheaval caused by Obamacare, the Medicare bureaucracy is taking administrative steps to change the Medicare drug program that will have adverse impact on seniors’ choices. Millions of seniors will have to switch their prescription drug plans due to changes within Medicare. Avalere is a private research firm founded by a former budget official from the Clinton Administration....Its analysis shows that more than 3 million seniors—roughly 20 percent of those enrolled in stand-alone drug plans—won’t be able to keep their current plan. According to the AP’s Ricardo Alonso-Zaldivar, some of seniors’ drug plans will be eliminated as “Medicare tries to winnow  down duplicative and confusing coverage, in order to offer consumers more meaningful choices.”

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