LinkPad: Steady Premiums Projected for Part D

This week, the U.S. Department of Health and Human Services (HHS) announced that average basic premiums for Medicare prescription drug plans are projected to remain constant--for the third year in a row. Today's LinkPad looks at the reactions to these projections from various parts of the health industry and media.

  • Sam Baker states in his article for The Hill, "Flat premiums help highlight the savings that seniors have seen because of President Obama's healthcare law," referring to the discounts on prescription drugs that pharmaceutical companies provide to seniors in the Medicare coverage gap, or "doughnut hole."
  • On PhRMA's Catalyst blog, Jenni Brewer highlights the steadfast premium average as a reminder of the need for stability to ensure that Medicare Part D can remain effective for future generations.
  • In a statement from America's Health Insurance Plans (AHIP), President and CEO Karen Ignagni responds to the announcement by praising Medicare Part D as a critical component in lowering health costs for seniors and taxpayers.
  • Reporting from Reuters explains how the Affordable Care Act helped to stabilize the premium costs and continues to aid in closing the prescription drug coverage doughnut hole.

Health and Human Services Secretary, Kathleen Sebelius, remarked "Premiums are holding steady and, thanks to the health care law, millions of people with Medicare are saving an average of over $600 each year on their prescription drugs." By helping older Americans afford the medicines they need, Medicare Part D aids in providing access to the medicines that can improve health and quality of life.