Medicare Releases Data on 2007 Drug Plan Options: More Plans with Coverage in the Gap
Secretary Leavitt and Dr. McClellan today announced the 2007 Stand-Alone Prescription Drug Plan (PDP) Organizations for each state. Seniors and people with disabilities who are satisfied with their current Medicare prescription drug coverage will not have to take any action when the Medicare Open Enrollment period begins November 15th, but those who wish to make a change will find new options with lower costs and more comprehensive coverage available for 2007.
Beneficiaries will have more plan options that offer enhanced coverage, including zero deductibles and coverage in the gap for both generics and preferred brand name drugs. Plans are adding drugs to their formularies. Nationwide the average number of drugs included on a plan formulary will increase by approximately 13 percent, and plans will also use utilization management tools at a lower rate.
The list of national plans can be found at http://www.medicare.gov/medicarereform/local-plans-2007.asp At the bottom of that page, a link to the 2007 source PDP Excel file is provided.
For state-specific press releases, which provide further plan information at the state level, please visit the following link: http://www.cms.hhs.gov/apps/media/?media=pressr.
Also, please find the national press release announcing the release of the 2007 drug plan options, which will be live shortly. http://www.hhs.gov/news/press/2006.html