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Accession Number
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PB2013-102202
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Title
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Offsetting Effects of Prescription Drug Use on Medicare's Spending for Medical Services.
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Publication Date
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Nov 2012
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Media Count
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6p
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Personal Author
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N/A
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Abstract
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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.
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Keywords
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Beneficiaries
Expenditures
Federal spending
Health care costs
Human health
Legislation
Medical services
Medicare
Medicare Part D
Methodology
Prescription drugs
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Source Agency
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Congressional Budget Office
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NTIS Subject Category
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44L - Health Care Needs & Demands
44U - Health Care Delivery Organization & Administration
44Q - Health Related Costs
57E - Clinical Medicine
91F - Health Services
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Corporate Author
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Congressional Budget Office, Washington, DC.
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Document Type
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Technical report
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Title Note
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N/A
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NTIS Issue Number
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1306
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Contract Number
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N/A
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