Medicare Part D

Paper Summary:

This paper briefly discusses American society's relationship to Medicare Part D from a subgroup, macroeconomic and healthcare system perspective. The paper discusses the flaws and the advantages of the Medicare Modernization Act of 2003 (MMA) and suggests that it is the most significant new legislation adopted during the 43 years of history of the Medicare Program.

Table of Contents:
Effect on Population Subgroups
Macroeconomic Impact
The Healthcare System
Conclusion

From the Paper:

"Many stakeholders involved with the Medicare Modernization Act of 2003 (MMA) have noted many flaws within the program such as the "doughnut hole," off-label prescription issue, and the costs. This does not diminish the fact that MMA is a landmark achievement. MMA will inevitably be recognized in history as the beginning of breakthrough legislation providing prescription drug benefits to our elderly and disabled Medicare beneficiaries. It is the most significant new legislation adopted during the 43 years of history of the Medicare Program. However, there are major flaws with the program. The program leaves a large portion of society dissatisfied and is in demand of change. While the program is a first step in improving the Medicare program, there are many revisions needed to address the needs and concerns of all Americans."

Sample of Sources Used:

• Bagchi, A. D., Esposito, D., & Verdier, J M (Summer 2007). Prescription drug use and expenditures among dually eligible beneficiaries. Health Care Financing Review. , 28, 4. p.43(14). Retrieved March 09, 2009, from General OneFile via Gale: http://find.galegroup.com/ips/start.do?prodId=IPS
• Business Wire Healthcare Editors/Government Writers. (February 13, 2009). New study measures effects on Medicare Part D on prescription drug use: Cost sharing for senior beneficiaries. Retrieved from the worldwide web on March 8, 2009 from http://www.insurancenewsnet.com/article.asp?n=1&innID=20090213290.2_ce4b00902dfa2250
• Medicare Drug Plan 'Doughnut Hole' Could Impact Seniors' Health; Lack of coverage can spur cutbacks in necessary prescriptions, study finds. (February 3, 2009). p. NA. Consumer Health News. Retrieved March 07, 2009, from General OneFile via Gale: http://find.galegroup.com/ips/start.do?prodId=IPS
• Medicare Rights Center, (October, 2007). The best medicine: A drug coverage option under original Medicare. Retrieved March 1, 2009 from http://www.medicarerights.org/pdf/The_Best_Medicine.pdf
• Salbu, S. (1999). Off-label use, prescription, and marketing of FDA-approved drugs: An assessment of legislative and regulatory policy. Florida Law Review 51 (1999): 181-227. Retrieved March 1, 2009, from http://www.medscape.com/viewarticle/557813

More papers on Medicare Part D:

• Term Paper # 138582 : "Impact of Medicare Part D"
• Term Paper # 114234 : "The Medicare Part D Program"
• Research Paper # 98914 : "Medicare Part D"

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