The drug discount card: will it cut drug prices for seniors?

Paul L Grimaldi
Healthcare Financial Management: Journal of the Healthcare Financial Management Association 2004, 58 (7): 88-91
Medicare's drug discount card program is expected to help participants save an average of 10 to 15 percent on the cost of outpatient prescription drugs. Many of the beneficiaries signing up for the program will also qualify for financial assistance. In 2006, the program will be replaced by Medicare's outpatient drug benefit. Data from the card program should help federal actuaries estimate the cost of the drug benefit.

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