Table of Contents
DISTURBING TRUTHS AND DANGEROUS TRENDS: The Facts About Medicare Beneficiaries and Prescription Drug Coverage
Medicare Beneficiaries Need Prescription Drugs
Three Out Of Four Beneficiaries Do Not Have Solid Private Drug Coverage
PRIVATE DRUG COVERAGE:
Retiree Health Coverage Is Declining25% Fewer Firms Are Offering Retiree Health Benefits
Medigap Premiums For Drugs Are High And Increase With Age, 1999
Beneficiaries With Medigap Still Pay High Out-Of-Pocket Drug CostsOn Top Of The Premium For The Base Medigap, Beneficiaries Pay An Extra Premium For Drugs Plus Out-Of-Pocket Spending for Drugs
PUBLIC COVERAGE FOR PRESCRIPTION DRUGS
Value of Medicare Managed Care Drug Benefits Is DecliningNearly Three-Fifths Of Plans Will Cap Benefit Payments Below $1,000 In 2000
Limits on Medicare Managed Care Drug Benefit Are Getting Lower Proportion Of Plans With A $500 Or Lower Limit Has Increased By 50%
Participation In Medicaid Is LowOnly 40% Of Eligible Beneficiaries Are Enrolled in Medicaid
MILLIONS OF BENEFICIARIES HAVE NO DRUG COVERAGE
Many Uninsured In Middle ClassOver Half of Medicare Beneficiaries Who Lack Prescription Drug CoverageAre In The Middle Class
Lack of Insurance Affects All Medicare BeneficiariesIncome of Beneficiaries Lacking Coverage Matches That Of All Beneficiaries
Methodology
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