Medicare Part D plans should be reduced according to study

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	Medicare Part D plans should be reduced according to study

SCallahan

6-10-2009 9:55 AM

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SCallahan says:

A study done by UCLA and the University of Plymouth shows that medicare beneficiaries are not choosing the most cost-effective medicare part d plan due to the overwhelming amount of plans to choose from.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0bf2feb6-2936-4ddb-a449-e73b226a3006/1F9B957C-9613-4EB5-989F-51F6F423092C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.medicaresolutions.com/blog/index.php/2009/06/10/medicare/medicare-part-d-plans-should-be-reduced-according-to-study" href="http://www.medicaresolutions.com/blog/index.php/2009/06/10/medicare/medicare-part-d-plans-should-be-reduced-according-to-study" style="font-size: 11px;">www.medicaresolutions.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.medicaresolutions.com/blog/index.php/2009/06/10/medicare/medicare-part-d-plans-should-be-reduced-according-to-study"><P>According to a study done by the University of California, Los Angeles and the University of Plymouth in the U.K., many Medicare beneficiaries find it hard to choose the most cost-effective <A href="http://www.medicaresolutions.com/hspartd.asp">Medicare Part D</A> plan when there are so many plans to choose from.  Beneficiaries often choose unnecessarily expensive plans and don’t realize that they are overpaying for these plans.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.medicaresolutions.com/blog/index.php/2009/06/10/medicare/medicare-part-d-plans-should-be-reduced-according-to-study"><P>“Many seniors are unaware that they can be saving hundreds of dollars every year by choosing a different drug plan, because there are entirely too many choices for them to navigate,” said Yaniv Hanoch, Ph.D., author and lecturer at the University of Plymouth.”The system should limit choice and empower its beneficiaries to make informed and cost-effective decisions about their prescription drug plan.”</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.medicaresolutions.com/blog/index.php/2009/06/10/medicare/medicare-part-d-plans-should-be-reduced-according-to-study"><P>The study was funded by the Robert Woods Johnson Foundation and can be found at <A href="http://www3.interscience.wiley.com/journal/122407933/abstract">http://www3.interscience.wiley.com/journal/122407933/abstract</A>. It will be published in the August 2009 issue of Health Services Research.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1F9B957C-9613-4EB5-989F-51F6F423092C/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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