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WEDNESDAY, July 1 (HealthDay News) -- Older people who signed up for Medicare's prescription drug coverage, called Part D, spent more on drugs after enrolling than they had before but less on other types of medical care, researchers have found.
Their study, in the July 2 issue of the New England Journal of Medicine, also found that spending varied depending on the type of drug coverage participants had before enrolling in Part D.
"The primary goal of Medicare Part D was to reduce beneficiaries' financial burden and improve medication use," explained Yuting Zhang, lead author of the NEJM study and an assistant professor of health economics at the University of Pittsburgh Graduate School of Public Health.
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People were classed in one of four groups: those who had no drug coverage before Medicare Part D; those who had drug coverage but with a cap of $150 a quarter (considered limited coverage); those who had a cap of $350 a quarter; and those who received uncapped drug coverage from their former employer for the entire four years of the study, considered the control group. [Reuters]
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That research, from the University of Maryland School of Pharmacy and funded by Novartis Pharmaceuticals, found "small but statistically significant" improvements in health status, based on daily activity levels, of those enrollees who previously had no prescription drug coverage.
"This shows that having drug benefits is the right thing to do for patients, but we shouldn't have a doughnut hole in our benefits," Baker added. "We can make it better and get more savings and, of course, keep people's health better maintained. doctor austin phentermine
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That research, from the University of Maryland School of Pharmacy and funded by Novartis Pharmaceuticals, found "small but statistically significant" improvements in health status, based on daily activity levels, of those enrollees who previously had no prescription drug coverage. If you have questions about current laws regarding importation of drugs, contact U. can't pay for valium
That was the motivation, but no one has looked at definite results. People in the first three groups all switched to Part D as of 2006.
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People who'd had no drug coverage increased their spending on drugs, on average, by 74 percent ($41 a month), those with a cap of $150 increased spending by 27 percent ($27 a month) and those with a $350 quarterly cap increased spending by 11 percent ($13), compared with the control group., but would be used to blunt the effect of an expected shortage in Gaucher's disease drug made by Genzyme Corp …[BizJournal]
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See Also: Protalix's New Carrot Derived Drug Likely to Win FDA Approval … [CNBC]
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Caraco Pharmaceuticals lays off 350 … jobs indefinitely after federal authorities shut down distribution at all the company's Michigan plants last month citing faulty manufacturing practices …[Detroit News]
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