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This Policy Brief offers an updated look at prescription drug utilization by Medicare beneficiaries residing in long-term care facilities and reports, for the first time, national estimates of prescription drug spending by this population. [23 PDF pages]
This report focuses on findings for the cost analyses that use the 1994 National Long-Term Care Survey as a baseline and 1995-1998 costs as outcomes. Additional findings, using other years, or usage rather than cost outcomes, were generally consistent with these basic findings. Only for 1995 did the authors find that total Medicare costs were lower for parents than for childless individuals.
This paper examines the combined effects of drug plan risk the first year of Medicare part D implementation of the combination of reinsurance, risk-adjustment and risk-corridors