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Accession Number PB2013-102202
Title Offsetting Effects of Prescription Drug Use on Medicare's Spending for Medical Services.
Publication Date Nov 2012
Media Count 6p
Personal Author N/A
Abstract Prescription drugs affect peoples health and their need for medical services. Therefore, policy changes that influence Medicare beneficiaries use of prescription drugs, such as those altering the cost-sharing structure of the Part D prescription drug benefit, probably affect federal spending on their medical services. After reviewing recent research, the Congressional Budget Office (CBO) estimates that a 1 percent increase in the number of prescriptions filled by beneficiaries would cause Medicares spending on medical services to fall by roughly one-fifth of 1 percent. That estimate, which applies only to policies that directly affect the quantity of prescriptions filled, represents a change in the agencys estimating methodology, which until now has not incorporated such an effect.
Keywords Beneficiaries
Expenditures
Federal spending
Health care costs
Human health
Legislation
Medical services
Medicare
Medicare Part D
Methodology
Prescription drugs

 
Source Agency Congressional Budget Office
NTIS Subject Category 44L - Health Care Needs & Demands
44U - Health Care Delivery Organization & Administration
44Q - Health Related Costs
57E - Clinical Medicine
91F - Health Services
Corporate Author Congressional Budget Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1306
Contract Number N/A

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