Medicare Part D

Since 2006, Medicare Part D has provided prescription drug coverage through Medicare, a federally sponsored health care program. RAND has conducted research to assess the impact of Medicare Part D, gauge the effect of enrollment levels, and examine how the program has influenced innovation.

Research conducted by: RAND Health; RAND Labor and Population

All Items (15)

REPORT

Planning for an Aging Nation: New Estimates to Inform Policy Analysis for Senior Health — Apr 12, 2012

Provides insights into the costs and challenges of providing health care to the elderly population.

JOURNAL ARTICLE

Sources of Regional Variation in Medicare Part D Drug Spending — Feb 1, 2012

Regional variation in Medicare Part D spending for prescription drugs results largely from differences in the cost of drugs selected rather than prescription volume.

JOURNAL ARTICLE

Using Matched Survey and Administrative Data to Estimate Eligibility for Medicare Part D Low Income Subsidy Program — Dec 31, 2009

This article uses matched survey and administrative data to estimate, as of 2006, the size of the population eligible for the Low-Income Subsidy (LIS), which was designed to provide "extra help" with premiums, deductibles, and copayments for Medicare Part D beneficiaries with low income and limited assets.

RESEARCH BRIEF

Prescription Drug Cost Sharing: A Powerful Policy Lever to Use with Care — Oct 21, 2009

Describes the effects that prescription drug cost sharing has on drug spending, compliance with drug therapy, patient health, and overall health care costs.

REPORT

Essays on Government Policy and Pharmaceutical Innovation — Sep 23, 2009

Investigates two mechanisms by which governments may influence pharmaceutical research and development priorities: (1) public funding for life sciences research; and (2) prescription drug insurance, as in Medicare Part D.

NEWS RELEASE

Medicare Prescription Benefit Program Has Exceeded Expectations — Aug 24, 2009

The program created to provide Medicare recipients with prescription drug benefits exceeded expectations during its first two years, extending pharmacy coverage to most seniors while reducing their overall spending on drugs.

JOURNAL ARTICLE

Medicare Prescription Benefit Program Has Exceeded Expectations — Aug 23, 2009

The program created to provide Medicare recipients with prescription drug benefits exceeded expectations during its first two years, extending pharmacy coverage to most seniors while reducing their overall spending on drugs.

REPORT

Questionable Estimates of Eligibility for Low-Income Subsidies Under Medicare Part D — Jul 23, 2009

In 2003, Congress added a prescription drug benefit to the Medicare program known as Part D and a Low-Income Subsidy (LIS) for some Part D beneficiaries. About 29 percent were eligible for the LIS in 2006 but there is considerable uncertainty around this estimate.

REPORT

Preserving Health among Vulnerable Populations: Three Essays — Jun 23, 2009

This dissertation consists of three stand-alone essays that focus on the economics of preserving health among vulnerable population, specifically chronic ill and elderly population.

JOURNAL ARTICLE

Insurer Bargaining and Negotiated Drug Prices in Medicare Part D — Dec 31, 2008

The authors test whether insurers that experience larger enrollment increases due to Medicare Part D negotiate lower drug prices with pharmacies. Overall, the authors find that 100,000 additional insureds lead to 2.5-percent lower pharmacy prices negotiated by the insurer, and 5-percent reductions in pharmacy profits earned on prescriptions filled by enrollees of that insurer.

JOURNAL ARTICLE

Psychometric Properties of an Instrument to Assess Medicare Beneficiaries' Prescription Drug Plan Experiences — Dec 31, 2008

Using data from 335,249 Medicare beneficiaries who responded to the 2007 Medicare Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey, along with data from 22 cognitive interviews, the authors investigated the reliability and validity of an instrument designed to assess beneficiaries' experiences with their prescription drug plans.

JOURNAL ARTICLE

Strategies for Identifying and Channeling Patients for Depression Care Management — Dec 31, 2007

A multi-pronged effort composed of mail screening (using the PHQ-2), self-reported antidepressant use, and claims diagnoses of depression may capture the greatest number of chronically ill Medicare enrollees with possible depression.

JOURNAL ARTICLE

Identifying Widely Covered Drugs and Drug Coverage Variation Among Medicare Part D Formularies — Dec 31, 2006

Clinicians can find it difficult to know which drugs are covered for their Medicare patients because formularies vary widely among Medicare Part D plans and many states have 50 or more such plans.

JOURNAL ARTICLE

Prescription Drug Coverage and Elderly Medicare Spending — Dec 31, 2006

The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to the elderly.

PEOPLE

Geoffrey F. Joyce

Codirector, UCLA/RAND Health Services Research Training Program
Ph.D. in economics, City University of New York; M.P.P., University of Michigan; B.A., Connecticut College

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