Tag: Medicare Part D

Everybody thinks it’s a good idea, but it’s really quite complicated. President Trump’s proposal to establish an international pricing index as a benchmark to control drug spending under Medicare Part B has once again raised the issue of allowing the government to negotiate the price of prescription drugs for Medicare. Indeed, a recent Kaiser Family…

The brief’s key findings are: Medicare Part D, introduced in 2006, has increased spending on prescription drugs for the elderly, but its impact on other health spending is unclear. The analysis addresses this issue by examining the use of other health care before and after Part D was introduced. The results show that the impact…