|Title||Take-up of Medicare Part D: results from the Health and Retirement Study.|
|Publication Type||Journal Article|
|Year of Publication||2010|
|Authors||Levy, HG, Weir, DR|
|Journal||J Gerontol B Psychol Sci Soc Sci|
|Date Published||2010 Jul|
|Keywords||Aged, ethnicity, Humans, Longitudinal Studies, Medically Uninsured, Medicare Part D, Multivariate Analysis, Poverty, prescription drugs, Prescription Fees, United States|
OBJECTIVES: To estimate the impact of Medicare Part D on prescription drug coverage among elderly Medicare beneficiaries and to analyze the predictors of program enrollment ("take-up") among those with no prior drug coverage.
METHODS: Multivariate analyses of data from the 2002, 2004, and 2006 waves of the Health and Retirement Study.
RESULTS: Take-up of Part D among those without drug coverage in 2004 was high; about 50%-60% of this group had Part D coverage in 2006. Only 7% of senior citizens lacked drug coverage in 2006 compared with 24% in 2004. Demand for prescription drugs was the most important determinant of the decision to enroll in Part D among those with no prior coverage. Many of those who remained without coverage in 2006 reported that they do not use prescribed medicines, and the majority had relatively low out-of-pocket spending.
CONCLUSION: For the most part, Medicare beneficiaries seem to have been able to make economically rational decisions about Part D enrollment despite the complexity of the program.
Times Cited: 6
|User Guide Notes|
|Endnote Keywords|| |
medicare/older people/prescription drugs/Multivariate Analysis/Medicare Part D
|Endnote ID|| |
|Alternate Journal||J Gerontol B Psychol Sci Soc Sci|
|PubMed Central ID||PMC4208729|
|Grant List||U01 AG009740 / AG / NIA NIH HHS / United States|