HealthCare Notes

4/17/13

How A Small Tweak To Medicare Could Net The U.S. Hundreds Of Millions In Savings Every Year

How A Small Tweak To Medicare Could Net The U.S. Hundreds Of Millions In Savings Every YearA new government report from the Department of Health and Human Services (HHS) finds that Medicare Part D — the prescription drug benefit that helps eligible seniors afford the medication they need — could have made over $111 million in 2009 alone with a simple change to the way it pays insurers. The findings illustrate that smart systemic tweaks to Medicare’s payment structure could significantly reduce the program’s costs without the need to slash benefits for elderly Americans.