The average monthly premium for Medicare’s prescription program is not expected to go up next year, the administration said Thursday. The Health and Human Services Department projects the average premium for 2012 will be about $30 a month, hardly changed from $30.76 this year. Officials credited growing use of generics and competition within the program, which is delivered through private insurance companies. Medicare also expects to see costs drop as a number of top-selling brand name drugs get generic competition.
Friday, August 5, 2011
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