While Medicare Part D prescription drug plan premiums are generally expected to remain stable in 2014, this PPI Fact Sheet by Leigh Purvis finds that premiums for many popular plans will actually be considerably higher than they were in 2013.
Plan designs also continue to evolve, with all of the most popular stand-alone Part D plans now relying on preferred pharmacy networks. In combination with wide variation in cost-sharing and the increasing use of utilization management tools, choosing a Part D plan is becoming increasingly complicated.
Discounts & Benefits
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