WASHINGTON, July 31, 2014 /PRNewswire-USNewswire/ -- According to data released today by the Centers for Medicare & Medicaid Services, the 2015 average monthly Medicare Part D premium is expected to remain stable at $32, a figure far lower than was originally projected, the Pharmaceutical Care Management Association (PCMA) said.
"The popular Part D program continues to be a bright spot in American health care. By offering an abundance of competing choices in each region and using cutting edge, cost-saving tools like pharmacy networks and home delivery the program is a win-win for both seniors and taxpayers," said PCMA President and CEO Mark Merritt. "As other programs like Medicaid and the VA seek new footing, Part D offers a model for them to consider."
PCMA represents the nation's pharmacy benefit managers (PBMs), which improve affordability and quality of care through the use of electronic prescribing (e-prescribing), generic alternatives, mail-service pharmacies, and other innovative tools for 216-plus million Americans.
SOURCE Pharmaceutical Care Management Association