Retiree Health Benefits After Medicare Part D: A Snapshot of Prescription Drug Coverage

Source: Jon Gabel, Heidi Whitmore, and Jeremy Pickreign, Commonwealth Fund, Volume 45, September 16, 2008

Based on employers’ responses to two national surveys, conducted in late 2005 and early 2007, fears that the Medicare Part D prescription drug benefit would “crowd out” existing retiree health benefits have not been realized. This issue brief finds most employers indicate that they will reconsider their current decision if the cost of coverage rises sharply or the Medicare Part D coverage becomes more comprehensive.

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